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Outrage over 2010 BP spill charge dismissal
NEW YORK, April 10 (UPI) -- Gold futures gained ground Tuesday on the Comex division of the New York Mercantile Exchange, as investors searched for shelter from marginalized equities.
After ending the first quarter with gains, stocks on Wall Street slumped for the 10th consecutive trading session. On Tuesday, gold looked like a safe alternative.
In New York, gold added $16.40 to reach $1,660.30 per troy ounce, while silver added 20 cents to $31.72 per ounce.
The dollar index was virtually flat, rising 0.05 percent to 79.84 on the International Exchange.
The euro fell to $1.3084 from Monday's $1.3106. Against the yen, the dollar fell to 80.70 from Monday's 81.49 yen.
The British pound fell to $1.5873 from $1.5893. The dollar was 7.7646 Hong Kong dollars from 7.7655 Hong Kong dollars.
Against the Canadian dollar, the greenback rose to 1.0039 Canadian from 0.9976 Canadian. The Australian dollar fell to $1.0255 from $1.0313.
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| Additional Business News Stories | |
BEIRUT, Lebanon, May 22 (UPI) --
The seizure of Syrian oil fields by the al-Nusra Front could accelerate the breakup of Syria amid a reshaping of the Middle East's geopolitical landscape.
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OTTAWA, May 22 (UPI) --
Canadian Prime Minister Stephen Harper faces more embarrassing questions as new evidence suggests the nation's strategy for building a strong arctic naval force is out of control.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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