Metals Stocks: Gold claws up from 2019 low, but ascent limited by stock-market gains

Gold trade steadied Wednesday morning, with prices poking into positive territory, after a hunt for assets viewed as risky took the haven metal to its lowest finish of the year a day ago.

Gold for June delivery GCM9, +0.06% on Comex was up $1.10, or less than 0.1%, at $1,278.30 an ounce. June gold settled at $1,277.20 Tuesday. That was the lowest finish for a most-active contract since Dec. 26, according to FactSet data.

Gold had moved lower this week as equity benchmarks in the U.S. flirted with records and the 10-year Treasury note yield TMUBMUSD10Y, +0.14% pushed higher.

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