facebook
twitter
search
search

Gold gains ground Tuesday

Jan. 8, 2013 at 5:55 PM

NEW YORK, Jan. 8 (UPI) -- The price of gold shifted higher Tuesday in New York, as equities slumped on Wall Street.

Gold broke away from a three-day losing streak to add $14.10 or 0.86 percent to reach $1,660.40 per troy ounce on the Comex division of the New York Mercantile Exchange.

Silver gained 33 cents or 1.11 percent, to $30.42 per ounce.

The dollar index, which measures the U.S. dollar against six other major currencies on a pro-rated scale, rose 0.19 percent to 80.33 on the International Exchange.

By close of trading, the euro fell to $1.308 from Monday's $1.3117. The dollar was 86.88 yen from Monday's mark of 87.79 yen.

Like Us on Facebook for more stories from UPI.com  
Latest Headlines
Top Stories
JetBlue first major airline to offer direct New York to Cuba flights