NEW YORK, July 1 (UPI) — Gold futures fell Friday as equities for a second consecutive day proved more attractive than gold.
On the Comex division of the New York Mercantile Exchange, gold prices shed $15.30 to $1,487.50 per troy ounce.
Crude oil prices shed 71 cents to reach $94.71 per barrel for August delivery of West Texas Intermediate.
The euro rose to $1.4529 from Thursday’s $1.4502. Against the yen, the dollar rose to 80.84 yen from Thursday’s 80.57 yen.
The dollar was weaker in all but a few markets, gaining in only Thailand, Japan, Switzerland and Egypt.
The British pound rose to $1.6073 from $1.6052. The U.S. standard fell to 7.7817 Hong Kong dollars from 7.7816 HKD. The dollar fell to 1,064.50 South Korean won from 1,068.45 won.
The dollar fell to 44.495 Indian rupees from 44.785 rupees. The U.S. dollar fell to 0.9586 Canadian dollars from 0.9634 Canadian.
Similar Posts:
- Gold rises, silver falls
- Crude oil prices jump on weaker dollar
- Crude oil prices rebound Tuesday
- Crude price eases despite drawdown
- Rosier Greek debt swap outlook buoys markets at midday
