Precious Metals

Gold strengthens as dollar retreats

Precious Metals

On Monday, Gold rose as the euro strengthened versus the dollar. This happened after euro zone finance ministers agreed on a rescue package for Greece, though the currency’s retreat from earlier highs prompted some profit-taking.

On Monday, Gold rose as the euro strengthened versus the dollar. This happened after euro zone finance ministers agreed on a rescue package for Greece, though the currency’s retreat from earlier highs prompted some profit-taking.

The press release is quoted as saying:

Spot gold was bid at $1,163.65 an ounce at 11:32 a.m. EDT (1532 GMT), against $1,159.00 late in New York on Friday. U.S. gold futures for June delivery on the COMEX division of the New York Mercantile Exchange rose $2.80 to $1,164.70 an ounce.

Click here to access the entire press release

MARKETS

Markets
TSX20602.68-26.24
TSXV618.79+5.19
DOW33736.20-154.82
S&P 5004100.81-10.27
NASD11890.08+2.63
ASX7539.00-19.10

COMMODITIES

Commodities
Gold1876.13+7.96
Silver22.34+0.07
Copper4.040.00
Palladium1713.170.00
Platinum1087.260.00
Oil76.22+2.11
Heating Oil2.87+0.10
Natural Gas2.52+0.06

DOWNLOAD FREE REPORTS

×