Articles
-
Gold prices struggle near 6-month lows
HONG KONG (MarketWatch) — Gold futures on Thursday struggled for direction after sliding to six-month lows in the previous session, with a strengthened dollar and subdued demand amid holidays in China weighing on the metal.
Prices of gold futures for delivery in April GCJ3 -0.06% slipped $1.10, or 0.1%, to $1,644 an ounce in Asian-afternoon hours.
The futures, which had declined $4.50 in the regular session on the Comex division of the New York Mercantile Exchange overnight, stayed in a range from $1.641.70 to $1,646.40. The precious metal has dropped about 1.9% thus far in 2013.
March futures for silver SIH3 -0.26% , meanwhile, eased 0.2% to $30.81, also continuing a weak recent trend. Silver has dropped about 1.7% so far this month.
Read full article