Thu, 05 Jul 2012 16:50:41 GMT
ECB's interest rates cut sent precious metal prices higher
Gold prices climbed on Thursday after the ECB's interest rates cut. Spot gold increased
by 0.2% to USD1,618 an ounce .
However COMEX gold futures for delivery in August went down by 0.2% to
USD1,618.70 per ounce. At the same time, silver rose 0.5% to trade at USD28.26 per ounce,
platinum was up 0.61% to USD1,481.75 and palladium faced a 0.56%
increase, trading at