The Dow Jones industrial average is closing up 16 points, extending its gains to a fourth day. Broader indexes also edged higher.

The price of gold settled at a record for a second straight day. That lifted shares of mining companies like Barrick Gold and Newmont Mining. Dow component Caterpillar gained after reporting higher sales.

According to preliminary calculations, the Dow closed at 10,451. The broader Standard and amp; Poor's 500 index rose a point to 1,117. The Nasdaq composite index edged up about 3 points to 2,310.

Advancing stocks narrowly outpaced those that fell on the New York Stock Exchange, where volume came to 1.7 billion shares.