SAN FRANCISCO (MarketWatch) -- Gold futures settled higher Thursday, with disappointing data on manufacturing activity in the Philadelphia region helping to boost the metal's safe-haven appeal. Some weakness in the U.S.
dollar also provided support for dollar-denominated commodities, including gold. February gold rose $7.60, or 0.5%, to settle at $1,690.80 an ounce on the Comex division of the New York Mercantile Exchange. That was the highest settlement for gold futures since Dec. 17, according to FactSet.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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