USD 65.9961

0

EUR 73.2227

0

BRENT 59.05

+0.36

AI-92 42.19

0

AI-95 45.95

-0.01

AI-98 51.74

+0.01

Diesel 45.78

-0.02

9

US Gold Slid From 6 Week High

US gold prices slid from a 6 week high as U.S. wholesale prices dropped more than it expected

US gold prices slid from a six-week high as U.S. wholesale prices dropped more than it expected, reducing the appeal of the metal as a hedge against inflation.

Gold futures for August delivery fell $1.80, or 0.4 percent, to $429.30 an ounce on the Comex division of the New York Mercantile Exchange.

Prices yesterday closed at $431.10, the highest for a most-active contract since April 29. A futures contract is an obligation to sell or buy a commodity at a set price by a specific date.