USD 64.3455

+0.09

EUR 71.0503

+0.2

BRENT 59.09

+59.09

AI-92 42.27

+0.11

AI-95 46.03

+0.1

AI-98 51.83

+0.01

Diesel 46.13

-0.02

17

US Gold Fell Back

Comex gold futures made a brief excursion above $430 an ounce early Thursday...

Comex gold futures made a brief excursion above $430 an ounce early Thursday but found buying interest lacking while the U.S. dollar remains within its recent range and so gold prices wilted back below $430 by the close, Dow Jones reported.

The most active June gold contract settled 80 cents lower at $428.40 an ounce.

Gold's early strength stemmed from the U.S. dollar's initial downturn to four-day lows against the euro, which spurred fund and local buying in dollar-alternatives such as gold.

However, once June prices scaled the $430 level, very little aggressive
follow-through buying emerged.