USD 63.853

-0.06

EUR 70.4235

-0.05

BRENT 62.03

+0.01

AI-92 42.36

+0.02

AI-95 46.13

+0.01

AI-98 51.59

0

Diesel 47.34

+0.03

15

Gold Fell On Strong Dollar

Profit taking led Tuesday to lower finishes in gold

Profit taking, as the dollar strengthened despite a widening U.S. trade deficit, led to lower finishes in gold and silver futures Tuesday, Dow Jones reported.

June gold fell $1.10 to 429.30, while May silver slid 10 cents to $7.155.

The euro briefly upticked after the U.S. government reported that U.S. trade
deficit widened 4.3% to a record $61.04 billion during February, exceeding the
$58.8 billion consensus forecast. The single European currency soon turned south, however, and gold and silver followed.

"People who are short-term traders are watching the euro," said one trader. "The euro was set up for a fall before the figures came out.