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Gold price fall $18 an ounce

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Published: Feb. 3, 2012 at 4:08 PM
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NEW YORK, Feb. 3 (UPI) -- The price of gold lost $19 an ounce Friday to settle at $1,740.30 on the Comex division of the New York Mercantile Exchange.

Silver fell by 43 cents, to end the session at $33.75 an ounce.

The euro was virtually flat at $1.3146, up from Thursday's $1.3144. Against the yen, the dollar rose to 76.57 from Thursday's 76.22 yen.

The British pound was $1.5816 Friday from $1.5833 Thursday. Against the Hong Kong dollar, the dollar was 7.7537 from Thursday's 7.7553.

The dollar was 0.9936 Canadian dollars compared to 0.9991 Canadian dollars on Thursday. The Australian dollar was $1.0780 from $1.0709 Thursday.

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