USD 66.263

-0.52

EUR 73.4989

-0.48

BRENT 60.24

-0.07

AI-92 42.26

+0.01

AI-95 46.04

+0.02

AI-98 51.73

-0.01

Diesel 45.96

+0.01

16

Gold Continues to Fall

Gold fell to a one-week low in Asia as signs of recession in the U.S.,

Gold fell to a one-week low in Asia as signs of recession in the U.S., the world's largest economy, reduced the appeal of bullion as a hedge against inflation.

Bullion for immediate delivery fell as much as $7.08, or 0.8 percent, to $870.67 an ounce, the lowest in a week. It was at $876.42 at 2:29 p.m. Singapore time. Silver for immediate delivery was little changed at $15.84 an ounce.

Gold for February delivery fell $3.60, or 0.4 percent, to $877 an ounce in after-hours electronic trading on the Comex division of the New York Mercantile Exchange the same time.