facebook
twitter
rss
account
search
search
 

Gold posts modest gains

Nov. 29, 2012 at 10:22 PM   |   Comments

NEW YORK, Nov. 29 (UPI) -- Gold prices rose modestly on the Comex division of the New York Mercantile Exchange Thursday as equities moved higher for a second consecutive day.

Equities took away some support for gold, but metals moved higher on a report that suggested the U.S. Federal Reserve would continue bond purchases in 2013.

Gold ended the session $7.30 higher at $1,728.30 per troy ounce. Silver added 49 cents to reach $34.25.

© 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
Apple sells 10 million new iPhones during the first weekend Apple sells 10 million new iPhones during the first weekend
2
Iran could retool pipeline for Pakistan Iran could retool pipeline for Pakistan
3
Starbucks testing a latte that tastes like beer Starbucks testing a latte that tastes like beer
4
Iraq relying on oil wealth from Basra Iraq relying on oil wealth from Basra
5
Arctic oil bound for Europe, Gazprom Neft says Arctic oil bound for Europe, Gazprom Neft says
Trending News
Video
x
Feedback