Thursday, February 16, 2012

Gold Prices Rise Modestly, Silver Dips and US Bullion Sales Flat

by Bullion Prices Staff on February 16, 2012

Gold prices edged higher Thursday as the US dollar showed weakness late in the trading day. Until then, gold was pressured and in the red. Gold prices gained 30 cents to $1,728.40 an ounce on the Comex division of the New York Mercantile Exchange, trading from $1,706.70 an ounce to $1,731.10 an ounce.