Gold Falls on Higher Dollar, Greece Uncertainty -Shanghai Metals Market

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Gold Falls on Higher Dollar, Greece Uncertainty

Data Analysis 10:45:44AM May 16, 2012 Source:SMM

CHICAGO, May 15 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Tuesday to the lowest level so far this year, as a higher U.S. dollar and continued uncertainty in Greece weighed on the market.

The most active gold contract for June delivery lost 3.9 dollars, or 0.25 percent, to settle at 1,557.1 dollars per ounce.

 
 

Price

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#1 Refined Cu
Sep.17
47505.0
-285.0
(-0.60%)
Standard-Grade Copper
Sep.17
47495.0
-285.0
(-0.60%)
High-Grade Copper
Sep.17
47520.0
-285.0
(-0.60%)
Guixi copper
Sep.17
47525.0
-285.0
(-0.60%)
Low-quality copper
Sep.17
47455.0
-265.0
(-0.56%)

Gold Falls on Higher Dollar, Greece Uncertainty

Data Analysis 10:45:44AM May 16, 2012 Source:SMM

CHICAGO, May 15 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Tuesday to the lowest level so far this year, as a higher U.S. dollar and continued uncertainty in Greece weighed on the market.

The most active gold contract for June delivery lost 3.9 dollars, or 0.25 percent, to settle at 1,557.1 dollars per ounce.