US gold lower

25 Sep, 2009

US gold futures ended slightly lower on Wednesday on a dollar bounce and weaker oil, but bullion investors largely stayed on the sidelines ahead of closely watched policy-setting announcements by the Federal Reserve. December gold settled down $1.10 at $1,014.40 an ounce on the COMEX division of New York Mercantile Exchange.
GOLD: COMEX estimated 1 pm volume at 90,230 lots. Spot gold at $1,013.35 at 1:50 pm EDT (1750 GMT) versus $1,013.80, which was the previous session's late New York quote.
SILVER: December silver ended down 20.5 cents, or 1.2 percent, at $16.910 an ounce, tracking gold's decline. Spot silver was at $16.96 versus its previous finish of 17.10 an ounce.
PLATINUM: October platinum finished down $11.40 at $1,327.80 an ounce, following general weakness of metals across the board. Spot platinum was at $1,324 compared with its previous finish of $1,332.
PALLADIUM: December palladium closed down $4.75, or 1.6 percent, at $297.65 an ounce, down with platinum. Spot palladium was at $294 against its previous close of $300.

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