NYMEX metals make gains

March 6, 2013 at 6:04 PM

NEW YORK, March 6 (UPI) -- Gold and silver prices made modest gains Wednesday in New York despite a stronger dollar.

The dollar was mixed in Asia, but made broad gains in Europe.

On Wall Street, the Dow Jones industrial average set a new all-time closing high, making some investors nervous about how long the winning run will last.

Gold added $8.90 to $1,583.70 per troy ounce on the Comex division of the New York Mercantile Exchange.

The price for silver closed up 35 cents at $29.02 an ounce.

Against the dollar the euro was lower at $1.2978 from Tuesday's $1.3051. Against the yen, the dollar was higher at 93.98 yen from 93.29 yen.

The British pound fell to $1.5003 from $1.5127. The dollar rose to 1.0319 Canadian dollars from 1.027 Canadian.

The dollar held steady at 7.7557 Hong Kong dollars.

Follow us on Facebook, Twitter, and Instagram for more news from UPI.com
Related UPI Stories
Trending Stories