Gold prices lost ground Tuesday, erasing early gains that followed worldwide turbulence briefly triggered by hand-wringing over Russia’s rapidly tumbling ruble.Gold for February delivery GCG5, +0.23% settled down $13.40, or 1.1%, at $1,194.30 an ounce. The contract jumped above $1,220 early Tuesday as U.S. stocks slumped, but it then turned negative while equities pared their early losses.
Meanwhile, March silver SIH5, +0.69% dived by 81 cents, or 4.9%, to settle at $15.75 an ounce.
No comments:
Post a Comment