New York gold futures ended higher Tuesday on technical buying after bouncing off the lowest level since May in the previous session, supported by economic worries fuelled by another weak US housing report. COMEX August gold futures settle up $9.80 at $1,191.70 an ounce on the COMEX division of the NYMEX. Ranging from $1,175.10 to $1,193.70 an ounce.
COMEX estimated final gold volume at a busy 152,187 lots. Spot gold at $1,192.05 an ounce at 3:28 pm (1928 GMT), versus the previous session's late quote at $1,180.35 an ounce. COMEX September silver ends up 15 cents at $17.693 an ounce, boosted by broad-based precious metals' gains.
Range spanned $17.450 to $17.780 an ounce. COMEX estimated final silver volume at 24,576 lots. Spot silver at $17.69 an ounce from $17.51 late in the previous session. NYMEX October platinum finishes up $4.70 at $1,517.80. Spot platinum at $1,517 an ounce. September palladium closes up $7.15, or 1.6 percent, at $451.05 an ounce, taking the lead from platinum. Spot palladium at$449.50 an ounce.
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