Fri, 17 Aug 2012 18:02:37 GMT
Gold turned lower on Friday
Gold
futures turned lower on Friday, August 17, as the U.S. Dollar strengthened and the
World Gold Council reported lower demand (down by 7%) for bullions in the
second quarter of 2012 compared to the prior quarter. Gold for December settlement erased 0.2%, to $1,616.90
per ounce. Other precious metals were mixed on Friday, with October platinum
jumping 1.4%, to $1,455.80 per ounce, September silver