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Daily Metal Prices & Market News
Wednesday 08th of February 2012
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
Gold adds $8 in New York to end week

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.

 


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