News Column

Silver Edges Up, Gold Closes at $1,749

Oct. 16, 2012

Gold for December rose Tuesday on the Comex division of the New York Mercantile Exchange as the dollar index dropped 0.58 percent.

Gold closed at $1,749.10 per troy ounce and silver added 22 cents to $32.96.

The euro rose to $1.309 from Monday's $1.2949. The British pound rose to $1.6124 from $1.6071. The Canadian dollar fell to 98.65 cents, while the Australian dollar rose to $1.029 from $1.0254. The U.S. dollar rose to 7.7513 Hong Kong dollars from 7.7512.

Against the yen, the dollar rose to 78.89 yen from 78.66 yen.

Source: Copyright United Press International 2012

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