By Myra P. Saefong, MarketWatch
NEW YORK (MarketWatch) -- Gold futures rose for a fourth session Thursday, with the most active contract tapping a fresh high above $1,095 an ounce, as worries about low interest rates and the weaker dollar continued.
Futures prices for the precious metal had already surged above $1,090 an ounce Wednesday in New York as the dollar sold off and the Federal Reserve said it would keep interest rates low. See Wednesday's Metals Stocks.
"Continued low interest rates and international fund buying" pushed up gold prices, said George Gero, a precious-metals trader for RBC Capital Markets.
In early electronic trading in New York, December gold, the most active futures contract, climbed as high as $1,095.20 an ounce. It was last up 0.3% at $1,090.80.
The contract has gained almost $47 over the last three New York trading sessions.
Holdings in SPDR Gold Trust (GLD 107.02, -0.08, -0.08%) , the biggest gold exchange-traded fund, remained unchanged at 1,108.40 metric tons Wednesday.
In other metals, December silver added 0.3% to $17.45 an ounce. January platinum slid 0.1% to $1,367.90, and December palladium rose 1% to $332.20 an ounce.
