Thursday, August 5, 2010

US bullion falls as dollar climb prompts distinction receiving

Thu Mar 4, 2010 3:54pm EST Related News US gold lower; dollar rise prompts profit-takingThu, Mar 4 2010US gold hits 6-1/2 week highs on currency volatilityWed, Mar 3 2010US gold higher but gains trimmed on profit-takingWed, Mar 3 2010US gold hits six-week high on currency volatilityTue, Mar 2 2010US gold hits 6-week high on fund buyingTue, Mar 2 2010

NEW YORK, March 4 (Reuters) - U.S. gold futures ended loweron Thursday as investors unwound positions added this week dueto a euro rally and currency volatility amid a Greek debtcrisis. * For the latest detailed report, click on [GOL/]. GOLD * COMEX April GCJ0 settles down $10.20 at $1,133.10 anounce. * Ranged from $1,125.90 to $1,142.30. * Dollar bounce prompts bullion investors to take profitsfollowing rally this week. * Euro falls against greenback as European Central Bankreinforces view that interest rates will remain low. [USD/] * Gold prices pressured by lower physical demand afterChinese New Year, banks" price target downgrades - RBS. * Underlying support seen as SPDR Gold Trust posted inflowfor second consecutive day. [GOL/SPDR] * Comex estimated final volume at 140,509 contracts. * Spot gold XAU= at $1,131.25 at 3:36 p.m. EST (2036GMT), compared with $1,139.35 late in New York in the previoussession. * London gold afternoon fix XAUFIX= at $1,134.50. SILVER * May SIK0 ends down 15.3 cents at $17.176 an ounce,taking the lead from weaker gold. * Range $17.055 to $17.395. * COMEX estimated final volume at 28,764 contracts. * Spot silver XAG= at $17.09 an ounce, compared with theprevious session"s $17.17 late quote in New York. * London silver XAGFIX= fix at $17.34 an ounce. PLATINUM * April PLJ0 finishes up 10 cents at $1,583.60 an ounceon broad industrial metal weakness. * Spot platinum XPT= at $1,578 an ounce. PALLADIUM * June palladium PAM0 closes up $12.70, or 2.8 percent,at $463.20 an ounce on investment demand. * Spot palladium XPD= at $460 an ounce. Close Change Pct 2009 YTD Chg Close % ChgUS gold GCJ0 1143.30 5.9 0.5 1096.20 4.3US silver SIK0 17.329 0.265 1.6 16.845 2.9US platinum PLJ0 1583.50 7.50 0.5 1471.00 7.6US palladium PAM0 450.50 5.65 1.3 408.85 10.2Prices at 2:27 p.m. EST (1927 GMT)Gold XAU= 1140.20 5.70 0.5 1096.35 4.0Silver XAG= 17.20 0.28 1.7 16.84 2.1Platinum XPT= 1573.00 6.50 0.4 1465.50 7.3Palladium XPD= 447.00 8.000 1.8 405.50 10.2Gold Fix XAUFIX= 1136.50 0.25 0.0 1104 2.9Silver Fix XAGFIX= 17.17 60.00 3.6 16.99 1.1Platinum Fix XPTFIX= 1580.00 1.00 0.1 1466 7.8Palladium FixXPDFIX= 444.00 0.00 0.0 402 10.4 (Reporting by Frank Tang; Editing by Walter Bagley)

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