US gold ends higher on oil rally, post-Fed buying

Newswire

NEW YORK, March 22 (Reuters) - A rally in oil and renewed buying after the Federal Reserve distanced itself from future rate hikes boosted gold futures on Thursday, but traders warned investors could lock in profits ahead of the April gold contract's first notice day next week. Most-active gold futures for April delivery on the COMEX division of the New York Mercantile Exchange settled up $4.20 at $664.20 an ounce. They traded between $662.30 and $667.60 -- a three-week high. Gold ...

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