facebook
twitter
rss
account
search
search
 

Gold gains Friday

Sept. 21, 2012 at 5:25 PM   |   Comments

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.

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Tesla could face sales ban in Michigan Tesla could face sales ban in Michigan
2
Early completion of refit of Italian aircraft carrier Early completion of refit of Italian aircraft carrier
3
British Reaper UAVs join the fight against Islamic State British Reaper UAVs join the fight against Islamic State
4
Russia doesn't fear Azeri gas, scholar says Russia doesn't fear Azeri gas, scholar says
5
Europe must drop the euro, Germany abandon mercantilism Europe must drop the euro, Germany abandon mercantilism
Trending News
Around the Web
x
Feedback