Gold gains modestly

July 19, 2012 at 6:53 PM

NEW YORK, July 19 (UPI) -- Gold futures rose modestly after three consecutive trading session losses, although the dollar index held neutral Thursday.

The dollar index, a pro-rated measure of the greenback's value compared with six major currencies, fell 0.1 percent to 82.91 on the International Exchange.

Gold for August delivery added $9.60 or 0.61 percent to $1,580.40 per troy ounce on the Comex division of the New York Mercantile Exchange.

September silver futures gained 12 cents, or 0.45 percent, to $27.21 an ounce.

The dollar was mostly lower in Asia and broadly higher in Europe, falling on the continent only against the Russian ruble.

The euro fell to $1.2274 from $1.228. Against the yen, the dollar was higher at 78.64 yen compared with Wednesday's 78.59 yen.

The British pound fell to $1.5719 from $1.5724. The dollar rose to 1.0081 Canadian dollars compared to 1.0074 Canadian.

Follow us on Facebook, Twitter, and Instagram for more news from
Related UPI Stories
share with facebook
share with twitter
Trending Stories