Print Print edition: 2011-12-24

US gold slips

Published Updated

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.