Gold Up Slightly, Attention on U.S. Bailout Plan
New York gold prices inched slightly higher Wednesday, as the markets watched the financial debate and waited for any Washington movement on the U.S. $700 billion bailout plan. Silver, gold and platinum futures rose, 2.1 percent, 0.4 percent, and 1.2 percent, respectively.
November crude-oil lost 88 cents to settle at $105.73 per barrel. The U.S. Energy Department reported declines in crude, and gasoline supplies for last week, but also reported weaker demands.
December silver climbed 27 cents to close to $13.44 an ounce.
October platinum gained $13 to end at $1,225 an ounce.
December gold moved up $3.80 to settle at $895 an ounce. During the day, it hit a low of $890.40 and a high of $907.80.



A Senate bill casts new light on a proposal to commemorate the bicentennial of the ‘Star-Spangled Banner’ with a silver dollar.
(Irvine, California) —