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

Gold returns to losing streak

|
 
Published: Jan. 11, 2013 at 5:47 PM

NEW YORK, Jan. 11 (UPI) -- The price of gold fell Friday in New York, falling after a one-day reprieve from a five-day losing streak.

Gold prices dropped for the sixth session out of the past seven, losing most of Thursday's gains as it gave up $15.70 Friday and settled at $1,662.30 per troy ounce on the Comex division of the New York Mercantile Exchange.

Silver lost 48 cents, 2 cents more than Thursday's advance, settling at $30.44 per ounce.

The dollar index, which measures the U.S. dollar against six other major currencies on a pro-rated scale, declined 0.3 percent to 79.55 on the International Exchange.

Against the dollar, the euro rose to $1.3343 from Thursday's $1.3269. The dollar was higher at 89.19 yen from 88.78 yen.

© 2013 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 15
138th Preakness Stakes in Baltimore, Mayland
View Caption
Race fans enjoy a shot in the infield during the 138th Preakness Stakes at Pimlico Race Course on Mary 18, 2013 in Baltimore, Maryland. Kentucky Derby winner Orb is looking for a Triple Crown possibility with a win today at Pimlico. UPI/Kevin Dietsch
fark
High schooler expelled, charged with felony for lesbian relationship. Florida tag lives up to its...
Photoshop this hairy situation
Gate 14....gate 15.....gate 16....gate 17
Iowa has gone 358 days without a tornado. Tornadoes ready to put an end to the streak
Mount Pavlof erupts in Alaska. Just the thought makes me drool
The most unromantic proposals of all time