Tuesday, September 30, 2008

Gold Futures Down for First Time in Three Sessions

For the first time in three days gold fell as the U.S. dollar strengthened, putting downward pressure on the futures' price for December delivery.

The precious metal finished the session down by $13.60 to end at $880.80 an ounce on the Comex division of the NYMEX. That brought the metal down by 5.5 percent for September.

For the quarter it's down by 6.1 percent, while for they year it's still in the positive, having grown by 1.7 percent so far.

1 comment:

Anonymous said...

hix! i have no idea in such market!
you never know what will happen next days.