Gold Futures Extend Gains as ECB’s Draghi Said to Hold Talks

Gold extended gains as two central bank officials said European Central Bank President Mario Draghi will hold talks with Bundesbank President Jens Weidmann in the coming days in an effort to overcome the biggest stumbling block to measures including bond purchases.

Gold futures for December delivery climbed 0.7 percent to $1,630.50 an ounce at 1:36 p.m. on the Comex in New York.

To contact the editor responsible for this story: Millie Munshi at mmunshi@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.