Gold Weaker, Copper Up

By Glenn Dyer | More Articles by Glenn Dyer

And Comex gold futures held above $1,150 an ounce on Friday in New York as the US dollar eased during trading after the rush higher from Monday to Thursday.

Gold wavered between small losses and gains and at the end, April gold futures ended up a whole 50 cents to settle at $1,152.40 an ounce.

For the week, gold lost about 1%.

Comex May silver fell 2.2 cents, or 0.1%, to $US15.494 an ounce – nearly 2% lower for the week.

And copper ended higher over the week on Comex, closing on $US2.6635 a pound.

About Glenn Dyer

Glenn Dyer has been a finance journalist and TV producer for more than 40 years. He has worked at Maxwell Newton Publications, Queensland Newspapers, AAP, The Australian Financial Review, The Nine Network and Crikey.

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