Published June 9, 2016 2:03pm EDT | Updated June 9, 2016 3:04pm EDT

Gold Futures Log Highest Settlement In More Than Three Weeks

Gold futures rose for a second-straight session on Thursday to settle at their highest level since May 18. Prices got a boost as expectations for a U.S. interest-rate increase in the coming months eased and the market weighed the likelihood that the United Kingdom may leave the European Union. Gold for August delivery settled at $1,272.70 an ounce, up $10.40, or 0.8%.