Friday, August 31, 2007
Gold adds $8 in New York to end week
Story link: Gold adds $8 in New York to end week
by Elaine Frei
by Elaine Frei
Prices for precious metals were higher on Friday on hopes that rallying equities markets will support demand.
In New York, December gold added $8.00 to $681.90 per troy ounce for a gain of 0.6 percent over the week after the US dollar weakened versus the euro, falling to a three-week low before rebounding in relation to the shared currency.
December silver was up 27 cents to $12.23 per troy ounce for a gain of 2.3 percent on the day and 1.1 percent for the week, while it remained 5.5 percent lower for the year so far.
October platinum, meanwhile, gained $11.50 to $1,271.60 per troy ounce.
Add to Bookmarks:
Related posts to: Gold adds $8 in New York to end week
Silver adds 2.2 percent on week ...
Gold up on day; adds $32 on week ...
Gold adds almost $9 in New York ...
Copper adds 1.4 percent as Chile strike continues ...
Gold adds almost $15 to $808.50 in New York ...
Latest Metals News:
US pending home sales data helps copper prices Positive data chases gold prices lower Gold gains on search for safetey ahead of economic data Gold gains as US dollar weakens Gold prices fall on US jobs news US durable goods orders, new home sales drive metals price moves Gold gains, copper drops on US home sales data Copper prices fall on economic, demand concerns US unemployment numbers hurt copper prices Copper prices gain on more inventory declinesPrevious: « CAMEC loses DRC Katanga licences
Next: Copper higher in New York, London »
Visited 1538 times, 1 so far today