SAN FRANCISCO, MarketWatch (25/10) -- Gold futures climbed Thursday, topping $1,350 an ounce by the close to reach their highest settlement in five weeks. Buyers were encouraged by upbeat manufacturing data out of China, which is among the world's top gold buyers, as well as by weakness in the U.S. dollar.
December gold rose $16.30, or 1.2%, to settle at $1,350.30 an ounce on the Comex division of the New York Mercantile Exchange. Tracking the most-active contracts, prices closed at their highest since Sept. 19, according to FactSet data.
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