Urgent: Gold rises on eurozone positivity, weaker dollar

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0 Comment(s)Print E-mail Xinhua, October 17, 2012
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Urgent: Gold rises on eurozone positivity, weaker dollar

CHICAGO, Oct. 16 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Tuesday, as increased positivity about the eurozone led to a drop in the U.S. dollar, which supported commodities trading.

The most active gold contract for December delivery rose 8.7 dollars, or 0.5 percent, to settle at 1,746.3 dollars per ounce. Enditem

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