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Gold, Silver Futures in New York Drop for Second Day as U.S. Dollar Gains
2012-02-06 10:35:11

Gold for April delivery dropped for a second day on the Comex in New York, falling as much as 0.6 percent to $1,729.30 an ounce, before trading at $1,730 an ounce at 7:02 a.m. Singapore time. Cash gold was little changed at $1,727.40 an ounce.

March-delivery silver also declined for a second day, losing as much as 0.3 percent to $33.635 an ounce, and last traded at $33.66 an ounce. Spot silver was little changed at $33.67 an ounce.

To contact the editor responsible for this story: Glenys Sim at gsim4@bloomberg.net

http://www.bloomberg.com/news/2012-02-05/gold-silver-futures-in-new-york-drop-for-second-day-as-u-s-dollar-gains.html





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