NEW YORK, Jan. 14 (UPI) --
The price of gold was eroded further Monday in New York, falling for the seventh session out of the past eight.
Gold gave up $1.70 or 0.1 percent and settled at $1,667.60 per troy ounce on the Comex division of the New York Mercantile Exchange.
Silver lost 8 cents or 0.26 percent, settling at $31.03 per ounce.
Against the dollar, the euro rose to $1.3378 from Friday's $1.3363. The dollar was higher at 89.50 yen from 89.31 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.