NEW YORK, June 21 (UPI) -- Gold prices slid sharply on the Comex division of the New York Mercantile Exchange Wednesday, losing $50.10, or 3.1 percent, to $1,565.70 per troy ounce.
Silver lost $1.58 cents to close at $26.86 per troy ounce.
The dollar index rose 1.01 percent to 82.31 on the Intentional Exchange, helping steer foreign investors away from commodities traded in U.S. dollars.
The euro fell to $1.2546 from Wednesday's $1.2706. Against the yen, the dollar rose to 80.26 yen from Wednesday's 79.55 yen.
|Additional Business News Stories|
TEL AVIV, Israel, May 17 (UPI) --Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.