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Gold Slightly Higher, Silver Falls, Stocks Mixed

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November 11, 2009 by goldguru 

Bullion update ...Gold futures edged slightly higher in New York on Tuesday, marking a seventh straight day of increases. The yellow metal pared earlier gains as the US dollar showed a touch of strength. In other commodities, silver, platinum and crude oil all retreated. US stocks ended mixed following Monday’s rally.

New York precious metal figures follow:

  • Silver for December delivery fell 25.8 cents, or 1.5 percent, to $17.222 an ounce. It ranged from $17.160 to $17.650.

  • Gold for December delivery rose $1.10, or 0.1 percent, to $1,102.50 an ounce. It ranged from $1,097.20 to $1,109.70.

  • January platinum declined $16.00, or 1.2 percent, to $1,351.20 an ounce.

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