Gold Sees Solid Gains As U.S. Stock Indexes, U.S. Dollar Weaken

Gold prices ended the U.S. day session solidly higher and closed at a 13-month high close Thursday. Weaker U.S. stock indexes and a sell-off in the U.S. dollar index were bullish elements for the precious metal on this day. A firmly bullish near-term technical posture for gold continues to invite chart-based buying interest.