US gold edges down

10 Apr, 2010

US gold futures ended a hair lower in mixed trade on Thursday, retreating from the previous session's sharp gains as the market took a breather after rising for five consecutive days. COMEX June settles down 10 cents at $1,152.90 an ounce. Range $1,144.40 to $1,154.70 - highest since January 12.
GOLD: COMEX gold final volume 106,618 lots. Spot gold $1,150.40 at 3:47 pm EDT (1947 GMT), compared with $1,147 late in New York's previous session.
SILVER: COMEX May silver eases 7.2 cents to end at $18.127 an ounce as the white metal tracks gold's retreat. Range $17.925 to $18.215. COMEX gold final volume 37,786 lots. Spot silver at $18.04, versus $18.11 late in the prior session.
PLATINUM: July finishes down $6.10 at $1,717.10 an ounce as weaker market sentiment prompts selling in industrial metals. Platinum group recently supported as US auto sales jumped in March and positive economic data. Spot platinum at $1,711 an ounce.
PALLADIUM: June closes down $8.85, or 1.7 percent, at $503.50 an ounce as the market was pressured by broad-based precious metals weakness. Spot palladium at $502 an ounce.

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