US gold slips

Gold finished slightly lower Thursday, falling with the euro, as investors feared European leaders were not much closer to solving the eurozone debt crisis. Spot gold fell to $1,604.30 an ounce by 1505 EST (2005 GMT), having earlier risen as high as $1,616.50. It ended Wednesday at $1,614.79. Gold remains up 13 percent on the year.
US gold futures for February delivery settled $3.0 an ounce lower at $1,610.60 per ounce in light pre-holiday trade. Among other precious metals, silver was down at $29.05 an ounce from $29.35 previously. Spot platinum slipped to $1,418.49 an ounce from $1,423.49, while spot palladium was up at $647.79 an ounce from $631.47 at Wednesday's finish.