Tuesday, January 15, 2013

Gold futures tick higher in Asia trading

Gold futures ticked higher in electronic trading Tuesday, building on gains made in the previous session, to trade just over the $1,670-an-ounce mark.

February gold GCG3 +0.70%   rose $1.60 to $1,671.20 an ounce in Asia electronic trading.

Martin Hennecke, associate director at independent investment advisory firm Tyche Group, sounded an optimistic note on gold Tuesday, citing stronger gold interest in Japan amid a rising inflation outlook there.Continue Reading

By Sarah Turner, MarketWatch

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