2010/12/23

New York gold futures closed lower from session lows

But rebounded from session lows, oil prices increased the attractiveness of gold to avoid the risk of inflation. Department of the New York Mercantile Exchange COMEX Gold futures for February delivery fell $ 6.90, to close at $ 1,380.50 an ounce, down 0.5%.

The contract closed Friday at $ 1,379.20 an ounce, so this week, gold futures are basically flat.

The Christmas holiday, the U.S. commodities markets closed Friday.

Floor trading in New York gold futures fell to $ 1,372.60 in the minimum, the dollar fell from a high point, and by the other commodity markets led to rising gold futures have rebounded session lows.

Crude oil futures broke through $ 91 a barrel mark, the highest since October 3, 2008 has been high.

Other dollar tracked 6 major currencies dollar index fell from Wednesday's 80.781 points to 80.511 points. Opened in New York when the dollar index 80.80 points in the vicinity.

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