UPI en Español  |   UPI Asia  |   About UPI  |   My Account
Search:
Go

Gold slides Wednesday

|
 
Published: Dec. 12, 2012 at 7:03 PM

NEW YORK, Dec. 12 (UPI) -- Gold futures lower Wednesday on the Comex division of the New York Mercantile Exchange, losing $6.90 to $1,711 per troy ounce.

Silver for March delivery was down 1 percent, or 36 cents, to $33.43 an ounce.

The euro rose to $1.3066 from Tuesday's $1.3006. The dollar rose to 83.19 yen from 82.51 yen.

The U.S. Federal Reserve said it would extend its "Operation Twist" program come January, when its current program ends. It also said it would extend its asset purchasing at the current pace of $85 billion per month in Treasury notes and mortgage-backed securities.

© 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.

Order reprints
Join the conversation
Most Popular Collections
'Star Trek Into Darkness' screening NBC upfronts Met Ball 2013
'Great Gatsby' premieres in New York Spire raised on top of One WTC 2013: Celebrity break ups and divorces
Additional Business News Stories
1 of 17
Tornado recover efforts underway in Moore, Oklahoma
View Caption
Oklahoma Governor Mary Fallin talks to victims from the May 20 tornado that hit Moore, Oklahoma, May 22, 2013. The EF-5 tornado cut a path of destruction approximately 17 miles by 1.3 miles wide and left 24 people dead. UPI/J.P. Wilson
fark
Jesse James shockerless
I don't want to overly alarm you or anything, but they just found a Dalek lurking at the bottom...
Dear Prudie: I accidentally responded to a Craigslist personal ad using my work email. Should I...
When running from the police, a sure fire way to get caught would be c) run INTO the police headquarters...
A quick look at the breast-feeding habits of Neanderthals. And yes, we're doing it wrong
1:1 scale model LEGO X-Wing uses 5.3 million bricks, weighs 46,000 pounds. However, its S-foils...