Tuesday, January 15, 2008
Gold prices fall slightly
Story link: Gold prices fall slightly
by Elaine Frei
by Elaine Frei
The price of gold was lower in New York on Tuesday as the dollar made gains in relation to the euro and the price of oil declined, but not before setting another record when it hit $916.10 per troy ounce.
By the close of floor traded in New York, February gold was down 90 cents to $902.50 per troy ounce.
March silver was lower as well, down 12 cents to $16.31 per troy ounce after dropping as much as 22 cents earlier in the session.
The declines for precious metals prices was not unanimous, however.
April platinum added $1.50 to $1,585.50 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: « Copper lower on data
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