UNITED STATES April 10 2015 10:35 AM
NEW YORK (Scrap Register): United States scrap gold prices declined on Thursday in line in with futures prices as the dollar rallied and as traders weighed the likely path of US monetary policy following the release of the Federal Reserve’s latest meeting minutes.
The most active June gold contract on the COMEX division of the New York Mercantile Exchange settled down $8.40 at $ 1,194.70 an ounce on Thursday.
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According to Scrap Register Price Index, the prices for hallmarked and non-hallmarked gold scrap down on Thursday. The prices of 9ct Gold Scrap hallmarked declined to $439.137 an ounce and 14ct Gold Scrap non-hallmarked traded down at $685.054 an ounce.
The prices of 9ct Gold Scrap non-hallmarked dropped to $415.369 an ounce and 14ct Gold Scrap non-hallmarked traded down at $647.976 an ounce.
(This article is researched and compiled by Vibin Antony on behalf of Scrap Register. Send in your suggestions and comments to editor@scrapregister.com)
