Gold Futures Rebound, Silver Advances

Discussion in 'Bullion Investing' started by webstandardcss, Dec 17, 2010.

  1. webstandardcss

    webstandardcss New Member

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    COMEX gold futures, per the February contract, rebounded from the past two days of losses to post a gain of $8.20, or 0.6%, settling at $1,379.20 per ounce. For the week, gold futures end with a decline of $5.70, or 0.4%.

    Silver futures fared better than gold on Friday, with the COMEX March contract advancing $0.35, or 1.2%, to $29.13 per ounce. Gold sister precious metal finished the week with a gain of $0.52, or 1.8%.

    The gains in precious metals today came despite a firm U.S. dollar, as the U.S. Dollar Index rose 0.5% to 80.40
     
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