Gold and Silver closed higher in futures market on Thursday, marking their longest streak of session gains in two months as the euro jumped in the wake of a European Central Bank meeting, putting pressure on the U.S. dollar.
The ECB, as expected, left interest-rate policy and other stimulative measures untouched. But the euro jumped as investors looked beyond seemingly dovish remarks by ECB President Mario Draghi to continued expectations the institution will move in the fall to begin tapering its program of bond purchases.
Gold futures went up 3.50 dollars or 0.28 percent to close at USD 1,245.50 per troy ounce at the COMEX division of the New York Mercantile Exchange.
Silver futures rose 0.048 dollar or 0.3 percent to close at USD 16.31 per troy ounce at the COMEX.