NEW YORK, Jan. 10 (UPI) -- The price of gold rose Thursday in New York with help from a sharply lower U.S. dollar.
Gold prices gained $17.40 after a five-day losing streak, reaching $1,674.40 per troy ounce on the Comex division of the New York Mercantile Exchange.
Silver added 46 cents to $30.82 per ounce.
The dollar index, which measures the U.S. dollar against six other major currencies on a pro-rated scale, declined 1.08 percent to 79.74 on the International Exchange.
Against the dollar, the euro rose to $1.3272 from Wednesday's $1.3065. The dollar was higher at 88.90 yen from 87.88 yen.
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TEL AVIV, Israel, May 17 (UPI) --Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.