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

Gold, silver, slide a touch

|
 
Published: Jan. 28, 2013 at 7:05 PM

NEW YORK, Jan. 28 (UPI) -- Gold prices moved lower on the Comex division of the New York Mercantile Exchange Monday with equities mixed on Wall Street.

Analysts said the equity market is due for a correction after four weeks of gains. Gold may be poised to absorb some of the pull back, as gold is net negative in price for 2013.

NYMEX gold began the year at $1,688.80 per troy ounce. On Monday, gold closed at $1,657.10 per ounce, off 80 cents from Friday.

Against the dollar, the euro fell to $1.3448 from Friday's $1.3466. The dollar fell to 90.66 yen from Friday's 91.03 yen.

From Friday, NYMEX silver shed 27 cents to $30.91 per ounce.

© 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 18
Palestinian  Security Forces Patrol the Border With Egypt.
View Caption
A members of the Hamas security forces patrol the border area between Gaza and Egypt, in the southern Gaza Strip May 20, 2013. Egyptian police angered by the kidnapping of seven colleagues by Islamist gunmen kept a crossing into the Gaza Strip closed again for four days, stranding hundreds of Palestinian travellers, As Tunnels between Egypt and Gaza closed and border was declared as military zone. Palestinian security forces patrol around the border, witnesses said. UPI/Ismael Mohamad
fark
News: Canadian climbs Mount Everest. FARK: Double amputee conquers Mount Everest
Part-time model addicted to tanning in sun beds, admits she suffers from low-self esteem and tans...
Licensed volunteer wildlife rehabilitators help nurse animals back to health so they can reenter...
Oklahoma tornado thread #3. LGT live updates/streaming
██ ████ to know if ███ ██████████ ██ ███████...
A church gave out free $25 Chik-fil-A gift cards to straight married couples attending its "Day...