Gold futures settled slightly higher Tuesday, yet couldn’t hold its price above the $1,200 level that many traders have watched carefully.December gold futures GCZ4, +0.04% settled up by $1.40, or 0.1%, at $1,197.10 an ounce, after briefly punching above the $1,200 mark. Meanwhile, December silver SIZ4, +0.10% settled higher by 17 cents, or 1%, at $16.55 an ounce.
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