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Gold gains with dollar down

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Published: April 24, 2012 at 6:18 PM

NEW YORK, April 24 (UPI) -- Gold prices made gains Tuesday for the fifth consecutive trading day Monday, as the dollar index fell 0.21 percent.

Gold added $11.20 on the Comex division of the New York Mercantile Exchange to reach $1,643.80 per troy ounce.

Silver also headed higher, gaining 21 cents to reach $30.81 on the exchange.

The dollar index hit 79.20 in the International Exchange, as the euro rose to $1.3201 from Monday's $1.3158, while the British pound rose to $1.6146 from $1.6133.

Against the Japanese yen, the dollar rose to 81.32 yen from 81.19 yen. The dollar was at 7.7597 Hong Kong dollars from 7.7616.

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

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