Gold falls to stronger US dollars – Illinoisnewstoday.com

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Chicago, June 11 (Xinhua)-Gold futures on the COMEX division of the New York Mercantile Exchange fell on Friday due to the appreciation of the US dollar.

The most active gold contract for August deliveries fell US $ 16.8 (0.89%), closing at $ 1,879.6 per ounce.

Market analysts may have also benefited the price of gold as precious metals saw several price increases in anticipation of Thursday’s release of inflation data.

Silver delivered in July rose 11.5 cents (0.41%) and closed at $ 28.146 per ounce. Platinum delivered in July rose $ 5.1 (0.45%) and closed at $ 1,151.1 per ounce.

Gold falls to stronger US dollars

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