Gold Market Update

Greece’s financial saga helped gold futures settle higher for the first time this month, with the precious metal benefiting on Monday from haven-related buying interest on renewed worries about Athens’s ability to fund itself.

Gold futures for April delivery GCJ5, -0.06%  on Comex rose $2.20, or 0.2%, to settle at $1,166.50 an ounce. Prices have suffered declines in each of the past five trading sessions, losing a total of 4% last week.

May silver SIK5, -0.23%  fell 3.1 cents, or 0.2%, to settle at $15.776 an ounce.

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