facebook
twitter
rss
account
search
search
 

Gold slides, down 0.36 percent

Nov. 13, 2012 at 5:45 PM   |   Comments

NEW YORK, Nov. 13 (UPI) -- Gold fell slightly Tuesday, giving up $6.20 or 0.36 to settle at $1,724.70 a troy ounce on the Comex division of the New York Mercantile Exchange.

Silver gave up 4 cents to $32.48 per ounce, off 0.13 percent.

With the dollar index up 0.05 percent on the International Exchange, gold dropped for the second consecutive trading session. It is correcting lower after a two-week long buildup before the Nov. 6 election.

The euro fell to $1.27 from Monday's $1.2709. Against the yen, the dollar was 79.42 from 79.49 yen.

The dollar was mixed in Asia and broadly higher in Europe. The British pound fell to $1.5868 from $1.5877, while the U.S. dollar rose to 1.0023 Canadian dollar from 0.9998.

The Australian dollar rose to $1.043 from $1.0428. The dollar held unchanged at 54.885 Indian rupee and dropped to 7.7504 Hong Kong dollars from 7.7509.

© 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.
Recommended UPI Stories
Most Popular
1
U.S. Air Force orders more RQ-4 Global Hawks U.S. Air Force orders more RQ-4 Global Hawks
2
Hotel chain suspending sponsorship of Minnesota Vikings Hotel chain suspending sponsorship of Minnesota Vikings
3
Talon rocket in full-rate production for UAE Talon rocket in full-rate production for UAE
4
EU, Kiev, Moscow gas talks suspended EU, Kiev, Moscow gas talks suspended
5
Cover Girl ads photoshopped to protest NFL's Roger Goodell Cover Girl ads photoshopped to protest NFL's Roger Goodell
Trending News
Video
x
Feedback