Gold futures close with a more than $20 gain

SAN FRANCISCO (MarketWatch) -- Gold futures closed higher Tuesday, as weakness in the U.S. dollar helped lift prices by more than $20 an ounce, marking the biggest single-session gain of the month so far. Gold for February delivery GC2G +0.03% rose $20.90, or 1.3%, to settle at $1,617.60 an ounce on the Comex division of the New York Mercantile Exchange. That marked the biggest one-day gain since Nov. 30 and prices saw their first close above $1,600 since Dec. 13. Prices traded in a relatively tight range between $1,620.80 and $1,594.10 as the U.S. dollar traded consistently lower against most of its major currency rivals, attracting investors to dollar-denominated gold

Source; http://www.marketwatch.com/story/gold-futures-close-with-a-more-than-20-gain-2011-12-20