Gold nearly steady, gives up $2

Dec. 5, 2012 at 6:37 PM

CHICAGO, Dec. 5 (UPI) -- Gold prices closed under $1,700 for the second consecutive day on the Comex division of the New York Mercantile Exchange Wednesday.

Gold dropped $2, or 0.12 percent, to close at $1,693.80 per troy ounce after dropping under $1,700 for the first time in a month on Tuesday.

Silver added 15 cents, or 0.45 percent, to reach $32.96.

The euro fell to $1.307 from Tuesday's $1.3095. The dollar rose to 82.43 yen from 81.90 yen.

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