US gold futures rise, near 5-1/2 month high

Newswire

NEW YORK, Jan 25 (Reuters) - U.S. gold futures rose almost 1 percent on Thursday, near their loftiest level in more than five months, as investors poured funds into the market after a key technical resistance was breached and oil prices steadied. At 10:35 a.m. EST (1535 GMT), most-active gold for February delivery on the COMEX division of the New York Mercantile Exchange was up $5.60 at $653.80 an ounce, trading between $645.80 and $654.80 an ounce -- near its 5-1/2-month peak of $655.50, ...

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