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Gold Market Update
Gold futures on Wednesday marked their lowest close in about a month as some investors lost interest in the metal on the back of a stronger U.S. dollar.
Gold for April delivery GCJ5, +0.12% fell $12.60, or 1%, to settle at $1,219.60 an ounce on Comex. Prices, based on the most-active contracts, haven’t settled at a level this low since Jan. 8.
March silver SIH5, -0.42% fell 11 cents, or 0.7%, to $16.76 an ounce.
Gold for April delivery GCJ5, +0.12% fell $12.60, or 1%, to settle at $1,219.60 an ounce on Comex. Prices, based on the most-active contracts, haven’t settled at a level this low since Jan. 8.
March silver SIH5, -0.42% fell 11 cents, or 0.7%, to $16.76 an ounce.
Current Market Update
Tokyo (Nikkei Average NIK, +1.89% ) up 1.9%
Hong Kong (Hang Seng Index HSI, +0.59% ) up 0.6%
Shanghai (Shanghai Composite Index SHCOMP, -0.15% ) down 0.2% (at break)
Sydney (S&P/ASX 200 XJO, -0.33% ) down 0.2%
Seoul (Kospi SEU, -0.42% ) down 0.5%
Mumbai (Sensex 1, -0.04% ) up 0.5%
Taipei (Taiex Y9999, +0.03% ) down 0.1%
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