Gold Prices Lower as Dollar Gains Strength
2019年1月16日 - 8:31AM
Dow Jones News
By Ira Iosebashvili
Gold prices fell Tuesday, pushed down by a stronger dollar.
Gold for February delivery was down 0.2% at $1288.40 a troy
ounce on the Comex division of the New York Mercantile
Exchange.
The WSJ Dollar Index, which measures the U.S. currency against a
basket of 16 others, was up 0.29% to 89.21.
A stronger dollar makes gold, which is denominated in the U.S.
currency, less affordable to foreign buyers.
In base metals, copper for March delivery was unchanged at
$2.6345 a pound.
Prices for copper rose earlier in the session on news that
Chinese officials would step up efforts to boost growth this year,
before reversing later in the day.
Write to Ira Iosebashvili at ira.iosebashvili@wsj.com
(END) Dow Jones Newswires
January 15, 2019 18:16 ET (23:16 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.