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Crude oil pushes toward $96
NEW YORK, Sept. 21 (UPI) -- Gold prices rose Friday on the Comex division of the New York Mercantile Exchange, taking a cue from equity markets, which rose broadly around the globe.
The dollar didn't help much. The dollar index, a prorated measure of the greenback against six major currencies, dropped 0.03 percent to 79.36 on the International Exchange.
Stock markets were rose Asia, Europe and the United States. In China, the Shanghai composite index rose 0.09 percent, while the Sensex index in India climbed 2.2 percent.
Markets rose in Italy, Germany and France but the FTSE 100 index in Britain was flat.
Gold added $5.20 to reach $1,775.40 per troy ounce. Silver settled at $34.57, down 10 cents.
In Asia, the dollar fell to 78.18 yen from Thursday's 78.25 yen.
In Europe, the dollar fell to $1.2982 to the euro and $1.6229 to the British pound. It also hit $1.0457 to the Australian dollar from Thursday's $1.0435.
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| 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.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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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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