Gold futures rebounded from early weakness and posted a sixth straight winning session on Wednesday after an unexpected drop in February durable-goods orders.Gold for April delivery GCJ5, +0.18% rose $5.60, or 0.5%, to close at $1,197 an ounce on Comex after tapping an intraday high of $1,199.30. The close was the highest since March 4.
May silver SIK5, +0.21% rose 2 cents, or 0.1%, to settle at $17 an ounce.
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