Gold Futures Drop 50 Cents, Platinum Gains Nearly $18
New York platinum was the biggest precious metals mover Wednesday, while gold and silver experienced small losses.
September crude-oil gained for the second consecutive session, rising 45 cents to close at $114.98 a barrel.
Silver for September fell by 6.5 cents to close to $13.04 an ounce.
October platinum gained $17.60 to end at $1,368.90 an ounce.
December gold dropped slightly by 50 cents to close to $816.30 an ounce.
Gold’s lowest intraday mark was $806.80 an ounce, and it hit a high point of $822.40.
“The mid-week session in NY was unremarkable with the exception of the attempt to pierce $800 earlier in the day," said senior analyst Jon Nadler at Kitco Bullion Dealers.
"Gold prices retreated to the middle of the range at $810 and had a rather lackluster afternoon session," continued Nadler.
Bullion spots are available on the CoinNews page, Live Silver, Gold & Platinum Spots.
Subscribe to CoinNews | Get Coin News by Email
If you've enjoyed this article, please share it by clicking on the button below, and selecting a service so others can find it too. Many thanks.
Email this Article
Print this Article
Related News



