Mubasher: Gold settled higher on Wednesday, recording the highest level in six years.

Comex August gold went up $12.9, or 0.9%, to settle at $1,420.9 per ounce.

By 08:02 pm GMT, the US dollar index (DXY), which measures the US currency against a basket of six major currencies, inched up 0.06% at 96.78.