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.
|Additional Business News Stories|
ALGIERS, Algeria, May 24 (UPI) --Algeria's government is under pressure to ease its foreign energy investment laws after BP warned it may delay important projects in the North African state.
ARLINGTON, Va., May 24 (UPI) --BAE Systems has received a two-year contract extension from the U.S. Army Space and Missile Defense Command to support its Future Warfare Center.