Gold Makes Headway Above $1,500 on Path to Best Year Since 2010

  • ‘It has momentum that is a little mysterious,’ BMO’s Wong says
  • Bullion heads for the highest close in more than seven weeks
We’re Still Bullish on Gold, Says Rotbart & Co Founder
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Gold rose for a fourth straight session, topping $1,500 an ounce and on course for its best annual gain since 2010.

The metal touched a seven-week high as investors positioned for 2020, with post-Christmas gains coming even as global equities inched higher and U.S.-China trade concerns eased.