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Gold slides Tuesday

Feb. 5, 2013 at 6:32 PM   |   Comments

NEW YORK, Feb. 5 (UPI) -- The price of gold slid Tuesday in New York as equities rebounded on Wall Street.

Equities regained most of Monday's losses, following European markets higher.

On the Comex division of the New York Mercantile Exchange, gold shed $1.90 to $1,673.40 per troy ounce. Silver was steady, adding 3 cents to $31.80 an ounce.

Against the dollar, the euro rose to $1.3582 from Monday's $1.3514. The dollar rose to 93.70 yen from 92.38 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.
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