Alexa
  • Directory of Taiwan

Gold continues rise on light holiday trading

Gold continues rise on light holiday trading

Gold prices continued their surge Wednesday amid light holiday trading, as investors seemed convinced that precious metals will make a good hedge against inflation during 2011.
Gold for February delivery rose $7.90 to settle at $1,413.4560 an ounce. Silver continued its long-standing pattern of following in gold's wake, with contracts for March delivery rising 38.1 cents to $30.704 an ounce.
Industrial metals continued their upward climb for the week, except for copper which fell slightly. Energy prices fell while the East Coast continued to dig itself out of Monday's blizzard and a cold snap swept across other parts of the country.


Updated : 2021-05-08 09:23 GMT+08:00