Business News

Gold closes lower

Published: Aug. 14, 2012 at 5:54 PM

NEW YORK, Aug. 14 (UPI) -- Gold prices shed $10.20, settling at $1,602.40 an ounce on the Comex division of the New York Mercantile Exchange Tuesday.

Silver held steady at $27.84 an ounce, on the day off less than a cent.

Against the euro, the dollar was $1.232 from $1.2333 Monday. Against the yen, the dollar was 78.72 from 78.32 yen.

The British pound was $1.5678 from $1.5684. Against the Canadian dollar, the U.S. dollar was 0.9923 Tuesday from 0.9926 Monday.

Most Popular Collections

'Star Trek Into Darkness' screening	NBC upfronts	Met Ball 2013
'Great Gatsby' premieres in New York	Spire raised on top of One WTC	2013: Celebrity break ups and divorces

Additional Business News Stories
Energy Resources EIA gives mixed report on Algerian natural gas WASHINGTON, May 23 (UPI) -- A terrorist attack in January and steady field maturation are harming Algeria's natural gas potential though shale is promising, a U.S. report says. Syria's jihadists have edge, control oil Australia's resources boom over? Europe clamps down on offshore energy safety U.S. senators hear mixed assessment of shale	Security Industry New Zealand beefs up defense spending WELLINGTON, New Zealand, May 23 (UPI) -- New Zealand will boost its defense spending from $318 million last year to $583 million in fiscal 2013 thanks to a payback from austerity measures. CMU brings infrastructure into focus Army orders tactical intel stations Navy approves STUAS production Canadian defense shipbuilding at risk of running aground
Real Estate Foreclosure processing time at new high 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... Altos: No sign of single family rental weakness -- yet CB Previews International draws the line on pocket listings Americans exit the housing crisis with new appreciation for renting Real Estate: Nothing to fear from zombie houses	Analysis: Economic Outlook This resembles austerity 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. Fed shows it's human The name of the game The key to Keystone Mergers are us

Outrage over 2010 BP spill charge dismissal

Existing U.S. home sales rose in April

Saab upgrading bid for Brazil FX-2 contest

Ukraine destroys Soviet-era missiles

More to U.S. oil than North Dakota, EIA says

Tornado recover efforts underway in Moore, Oklahoma

View Caption

Enlarge Photo

Oklahoma Governor Mary Fallin talks to victims from the May 20 tornado that hit Moore, Oklahoma, May 22, 2013. The EF-5 tornado cut a path of destruction approximately 17 miles by 1.3 miles wide and left 24 people dead. UPI/J.P. Wilson

Scientists puzzled as to why so many frogs are croaking across the USA

Tesla pays back half a billion dollar federal loan a decade before it's due

FDA objects to new sleep drug because it "impairs driving", presumably by making you sleepy

Teen wins contest by producing blandest, most sterile cursive writing imaginable

Theme of Farktography Contest No. 420: "Monochromatic Masterpieces". Details and rules in first...

Photographer snaps a really great picture of a guy proposing to his lady on a cliff, decides to...

UPI.com is your trusted source for world news, top news, science news, health news and current events.
We thank you for visiting us and we hope that we will be your daily stop for news updates.