Gold futures climbed Thursday to mark their highest settlement in more than a week, as a resurgence in U.S. coronavirus cases and a grim economic outlook from the Federal Reserve fed a steep decline in the stock market. August gold GCQ20, +0.97% rose $19.10, or 1.1%, to settle at $1,739.80 an ounce. That was the highest finish for a most-active contract since June 1, according to FactSet data.
