Gold futures begun to get a bit higher for the first time in three days on the Comex division of the New York Mercantile Exchange against the background of unstable the currency and oil prices.
The most active December contract settled 50 cents higher at $426.10 per
ounce.
Gold futures for December contract declined $2.70 to a $421.70 seven-day low as the softer tone to the oil market coupled with an extended rebound in the U.S. dollar relative to its rivals suppressed demand for dollar alternatives such as gold.
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Comex Gold Gained Some
...for the first time in three days against the background of unstable the currency and oil prices
