Tuesday, November 20, 2007
Gold rises as dollar weakens
Story link: Gold rises as dollar weakens
by Elaine Frei
by Elaine Frei
Precious metals prices were higher on Tuesday as the US dollar fell to new lows versus the euro and the Swiss franc and as crude oil prices continued their upward trek.
December gold on the Comex division of the New York Mercantile Exchange added $13.50 to $791.50 per troy ounce.
Silver for December delivery was up 35 cents to $14.51 per troy ounce, while January platinum gained $12.60 to $1,469.70 per troy ounce.
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Latest Metals News:
Gold ends session lower in New York, but gains on week Gold prices retreat after setting new intraday high Gold closes at $1,666 per ounce in New York trade Gold prices at new records on disappointing US data Gold prices lower but comes off session lows on manufacturing data Gold sets new intraday, closing highs to end trading week in New York Copper rises; precious metals prices see declines Gold prices drop on profit-taking, stronger US dollar $1,616.80 per troy ounce: Another record high for gold Gold trades as high as $1,624.30 per ounce in New YorkPrevious: « Gold price pauses for breath
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