Metals Stocks: Gold continues to hover above $1,7000 an ounce as traders look for drivers

Metals Stocks: Gold continues to hover above $1,7000 an ounce as traders look for drivers

Gold futures edged higher Wednesday but remained mired near the $1,700 an ounce level as traders look for a driver to push the yellow metal one way or the other.

Gold for June delivery on Comex
GC.1,
+0.73%
GC00,
+0.79%
rose $6.80, or 0.4%, to $1,713.60 an ounce, while July silver
SIN20,
+0.57%
was up 10.1 cents at $15.81 an ounce, a gain of 0.6%.

“Gold remains…

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