News Column

Gold Gains $1 on the Day

Sept. 19, 2012
Gold

Gold prices rose slightly Wednesday on the Comex division of the New York Mercantile Exchange as the U.S. dollar turned in a mixed performance.

The dollar was mostly lower in Asia and mostly higher in Europe. Subsequently, the dollar index, a prorated measure of the greenback against six major currencies, was flat, falling 0.1 percent to 79.11 on the International Exchange.

Gold gained $1 to hit $1,772.20 per troy ounce. Silver settled at $34.66, off 5 cents.

In Asia, the dollar fell to 78.38 yen from Tuesday's 78.82 yen. The dollar fell to 1,115.84 South Korean won from 1,119.04 won.

The dollar stood at 0.9747 Canadian dollars.

In Europe, the The dollar hit $1.3048 to the euro and $1.622 to the British pound. It also hit $1.0476 to the Australian dollar from Tuesday's $1.0456.



Source: Copyright United Press International 2012


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