COMEX gold futures rise $7 on dollar retreat, crude oil

摘要

Washington—COMEX gold futures leapt $7nhigher in July 16 trading, edging closer tonthe $1,300 mark, as the US dollar retreatednagainst the euro and crude oil prices continuedntheir rally, pulling gold prices higher.nGold for August delivery, the active month,nadded $7 to settle at $1,290.50/oz, afternreaching an intra-day high of $1,294.70, andndropping to a low at $1,275.60.