Precious Metal

12/09/2017                           10:30 am

  • Gold prices declined on Tuesday, extending losses from the prior session as worries faded over the potential damage of Hurricane Irma and as tensions on the Korean Peninsula took a backseat.
  • Comex gold futures were at $1,331.70 a troy ounce by 2:40AM ET (0640GMT), down $4.00, or around 0.3%, after earlier touching its lowest since Sept. 1 at $1,327.00.
  • Elsewhere on the Comex, silver futures dipped 5.8 cents, or about 0.3%, to $17.84 a troy ounce. It rose to a more than four-month peak of $18.29 late last week.
  • Among other precious metals, platinum shed 0.2% to $992.55, while palladium tacked on 0.5% to $935.15 an ounce.
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