US gold higher

08 Apr, 2010

US gold rose to a one-month high on Tuesday in the face of a stronger dollar, boosted by safe-haven demand driven by currency uncertainties and worries about Greece and some euro-zone economies. COMEX June settles up $2.20 at $1,136 an ounce. Range $1,123.50 to $1,139.60 - loftiest since March 5.
GOLD: Gold higher despite euro's broad decline. Gold in euro terms rallied to a record peak 851.04. Benchmark 10-year yield has risen about 30 basis points over a two-week period, reaching 4 percent in intraday trade on Monday. COMEX gold final volume at 114,637 lots. Spot gold was at $1,134.15 at 4:19 pm (2019 GMT), compared with $1,129.70 late in New York's previous session.
SILVER: COMEX May silver ends down 18.7 cents, or 1 percent, at $17.931 an ounce as investors take profits. Range $17.845 to $18.105. COMEX gold final volume 30,879 lots. Spot silver at $17.95, versus $18.02 late in the prior session.
PLATINUM: July finishes down $5.30 at $1,704.50 an ounce on better investment demand amid economic optimism. Platinum group supported as US auto sales jumped in March, also supported by positive economic data. Spot platinum at $1,699 an ounce.
PALLADIUM: June closes up 50 cents at $508.50 an ounce on better outlook for global auto demand. June contract extends gains after rising above $500 for first time since March 2008 on Monday.

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