Thursday, January 12, 2012

U.S. gold advanced Thursday, marking a third straight day of gains. February gold prices picked up $8.10, or 0.5%, to $1,647.70 an ounce on the Comex division of the New York Mercantile Exchange. The precious metal traded from $1,640.90 an ounce to $1,662.90 an ounce. Gold was supported by weaker greenback, according to analysts.