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Beef recall announced over E. coli fears
NEW YORK, July 9 (UPI) -- Gold futures closed higher Monday on signs of progress on a European Union deal to get Spain's budget deficit under control.
August gold was up $10.20, or 7 percent, to $1,589.10 on the Comex division of the New York Mercantile Exchange.
Volumes were lower on quiet holiday season trading in Europe.
Silver was up, with September silver at $27.44, up 52.4 cents.
The euro was $1.2318 late Monday from $1.2288 late Friday. Against the yen, the dollar fell to 79.57 yen from 79.66 yen.
The pound was $1.5528 from $1.5527.
The Intercontinental Exchange Dollar Index was down slightly at 83.11.
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| Additional Business News Stories | |
ERBIL, Iraq, June 19 (UPI) --
Iraq's Kurds have consolidated their growing energy sector with Chevron Corp. securing a third exploration block in the semiautonomous northern region that increasingly operates as a de facto independent state and France's Total buying a majority stake in another.
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SAO JOSE DOS CAMPOS, Brazil, June 19 (UPI) --
Brazilian aircraft maker Embraer hopes to continue building up its sales of private jets at the same time as it expands capacity in defense, security and tactical transport.
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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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