Gold Hits 2-Week High Amid Several Bullish Developments

(Kitco News) - Gold prices ended the U.S. day session with good gains and hit a two-week high Thursday. The metal was boosted by safe-haven demand, perceptions of a more dovish U.S. Federal Reserve, and a weaker U.S. dollar index. June gold was last up $14.50 at $1,320.50 an ounce. Spot gold was last quoted up $8.20 at $1,321.00. May Comex silver last traded up $0.37 at $20.14 an ounce.