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Gold closes up, silver slightly down

Aug. 8, 2012 at 4:31 PM

NEW YORK, Aug. 8 (UPI) -- Gold prices rose $3.20 and settled at $1,616 an ounce Tuesday the Comex division of the New York Mercantile Exchange.

Silver lost 1 cent to settle for $28.08 an ounce.

The euro was $1.2356 from $1.24 Monday. Against the yen, the dollar was 78.47 from 78.22 Monday.

The British pound was $1.5651 Wednesday from $1.5632 Tuesday. Against the Canadian dollar, the U.S. dollar was 0.9949 Wednesday from 0.9975 on Tuesday.

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