Gold Futures Settle Slightly Higher
The yield on U.S. 10-year Treasury Note dropped to 1.490%, the lowest level since March.
However, gold s uptick was just marginal as the dollar recovered well after tumbling in the European session. The dollar index, which dropped to 89.84, rallied to 90.16 later on in the day, gaining about 0.1%.
Gold futures for August ended up by $1.10 or nearly 0.1% at $1,895.50 an ounce. Gold futures closed lower by 0.2% on Tuesday, falling after two successive days of gains.
Silver futures for July ended up by $0.271 at $28.002 an ounce, while Copper futures for July settled at $4.5310 per pound, down $0.0250 from the previous close.
WASHINGTON (dpa-AFX) - A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing a modest decrease in first-time claims
WASHINGTON (dpa-AFX) - A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing a modest decrease in first-time claims
WASHINGTON (dpa-AFX) - Manufacturing activity in the U.S. expanded at a slightly faster pace in the month of May, according to a report released by the Institute for Supply Management on Tuesday.The
WASHINGTON (dpa-AFX) - Gold futures settled slightly lower on Tuesday as investors chose to pick up riskier assets thanks to encouraging data on U.S. manufacturing activity, and a slew of strong