Gold, Silver and Oil Prices for Asia

By International Business Times,  July 10, 2012, 04:21:48 PM EDT

US Gold futures settled lower Tuesday, giving back some of the previous session's gains and feeling the pinch of a higher USD on renewed concerns about the Eurozone.

Gold 1,569.40 -19.70 (-1.24%)

Traders reacted negatively to news Italy's prime minister, Mario Monti, said he could not rule out the country needing more from the Eurozone's rescue fund, and a German court reportedly could take more than three months to rule on the country's participation in funding the European Stability Mechanism.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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