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July 6, 2012 / 4:09 PM

Gold drops second day

NEW YORK, July 6 (UPI) -- Gold prices dropped Friday for the second day, shedding $30.50 to settle at $1,578.90 an ounce on the Comex division of the New York Mercantile Exchange.

Gold couldn't fend off pressure from the broader market decline because of a weak jobs report and the rising dollar, Rohit Savant, an analyst with CPM Group in New York, told MarketWatch.com.

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"We are seeing weaker and negative sentiment following the jobs report," Savant said.

Silver prices also fell, losing 75 cents to close at $26.92 an ounce

The euro was $1.2218 Friday from $1.239 Thursday. Against the yen, the dollar fell to 79.62 yen from 79.92 yen.

The British pound was $1.5483 from $1.5529 Thursday. The dollar was 1.0184 from 1.0143 Canadian dollars Thursday.

Austin visits Ukraine, voices U.S. support against Russian aggression

Defense News // 2 years ago

Austin visits Ukraine, voices U.S. support against Russian aggression

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Citing Russian occupation, U.S. signs new defense pact with Georgia

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Pentagon orders all civilian employees to be fully vaccinated by Nov. 22

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Army investigating suspected suicides of three Fort Drum soldiers

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Four Marines remain hospitalized month after suicide bombing at Afghan airport

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South Korean firm to supply rapid COVID-19 test kits to U.S. military

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SEOUL, Sept. 24 (UPI) -- South Korean biopharmaceutical firm Celltrion has agreed to supply its DiaTrust rapid COVID-19 test kit to the U.S. military.

Army tests MK-22 Precision Sniper Rifle at Fort Bragg ahead of fielding

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U.S. Navy, Bahrain partner to ramp up unmanned systems use

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U.S. Space Force to take over SATCOM operations from Army, Navy

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