Myra P. Saefong, assistant global markets editor, has covered the commodities sector for MarketWatch for 20 years. She has spent the bulk of her years at the company writing the daily Futures Movers and Metals Stocks columns and has been writing the weekly Commodities Corner column since 2005.
Gold futures traded higher for a fourth session in a row on Monday, with prices looking to finish the session above $2,000 an ounce — at their highest since the end of July.
Prices for the precious metal have have been rising “largely due to a fear trade with the eruption of the chaos taking place in Israel,” Adam Koos, president of Libertas Wealth Management Group, told MarketWatch. The key question for gold now is will it be able to “break north of $2,000, and then $2,060, rising to new highs?” said Koos.
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