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Gold slips 0.9 percent

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Published: June 20, 2012 at 4:52 PM

NEW YORK, June 20 (UPI) -- Gold prices slid on the Comex division of the New York Mercantile Exchange Wednesday, losing $14.70, or 0.9 percent, to $1,608.50 per troy ounce.

Silver lost 28 cents to close at $28.08 per troy ounce.

The dollar was mixed across Asia and Europe with the dollar index virtually flat, rising 0.01 percent to 81.42 on the International Exchange.

The euro rose to $1.27 from Tuesday's $1.2686. Against the yen, the dollar rose to 79.57 yen from Tuesday's 78.95 yen.

The British pound was $1.5709 from Tuesday's $1.5725. The Australian dollar was trading at $1.0194 from $1.0189.

© 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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