facebook
twitter
rss
account
search
search
 

Gold, silver head a bit higher

Feb. 21, 2013 at 7:16 PM   |   Comments

NEW YORK, Feb. 21 (UPI) -- Gold and silver made gains Thursday, taking back a fraction of Wednesday's retreat.

Gold dropped $40.50 Wednesday after the Federal Reserve revealed in released meeting minutes that there was dissent among decision makers on how long to maintain an $85 billion per month stimulus program.

Similarly, silver shed 85 cents Wednesday.

On the New York Mercantile Exchange Thursday, gold reclaimed $13.20 to reach $1,576 per troy ounce, while silver retook 9 cents to reach $28.66 per ounce.

Equities slumped for a second consecutive session Thursday.

Against the dollar the euro fell to $1.3194 from Wednesday's $1.3283. Against the yen, the dollar was lower at 93.06 yen from 93.56 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.
Most Popular
1
Scotland was tricked, 'yes' backers say Scotland was tricked, 'yes' backers say
2
Iraq relying on oil wealth from Basra Iraq relying on oil wealth from Basra
3
Arctic oil bound for Europe, Gazprom Neft says Arctic oil bound for Europe, Gazprom Neft says
4
Iran could retool pipeline for Pakistan Iran could retool pipeline for Pakistan
5
Report: MENA unprepared for climate change Report: MENA unprepared for climate change
Trending News
Video
x
Feedback