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Gold slides for second straight session

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Published: Feb. 6, 2012 at 6:04 PM
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NEW YORK, Feb. 6 (UPI) -- The price of gold lost $15.40 an ounce Monday to settle at $1,724.90 on the Comex division of the New York Mercantile Exchange.

Silver fell by 7 cents to end the session at $33.67 an ounce.

The euro was lower at $1.3123 from Friday's $1.3131. Against the yen, the dollar rose to 76.56 from Thursday's 76.55 yen.

The British pound was $1.582 Monday from $1.5825 Friday. Against the Hong Kong dollar, the dollar was 7.7539 from Friday's 7.7536.

The dollar was 0.9962 Canadian dollars compared with 0.9959 Canadian dollars Friday. The Australian dollar was $1.072 from $1.0727 Thursday.

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