Tuesday, September 11, 2007
Gold gains on USD weakness
Story link: Gold gains on USD weakness
by Elaine Frei
by Elaine Frei
Precious metals prices were higher in New York on Tuesday as the US dollar dropped to near record lows in relation to the euro.
December gold was up $8.90 to $721.10 per troy ounce, even though some analysts worried that prices could still drop if investors begin to believe that last week’s rally was too much.
December silver added 14 cents to $12.84 per troy ounce, while October platinum gained $8.60 to $1,302.60 per troy ounce.
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