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Business

Gold prices close lower for third day
Nov 14, 2008 05:28
Gold futures closed lower for the third straight day on Thursday due to the U.S. economy's recession concerns. Silver and platinum also went down. Gold futures for December delivery fell 13.30 dollars, or 1.9 percent, to 705 dollars an ounce. December silver dropped 68 cents to 8.80 dollars per ounce. January platinum dropped 12.10 dollars, settled on 813 dollars per ounce. With the outlook for the U.S. economy apparently deteriorating further, the gold market continued to keep a ...


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