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Business

Gold futures settle higher after backing off intra-day peak
Dec 31, 2008 04:00
After backing off intra-day peak, the price of gold futures on the COMEX Division of the New York Mercantile Exchange remained higher on Monday due to the Middle East conflict and the rising oil price. Silver and platinum also went up. The gold price for February delivery ended up 4.10 dollars, or 0.5 percent, to 875.30 dollars an ounce. March silver climbed 28 cents to 10.81 dollars per ounce. January platinum gained 28.90 dollars, settling on 923.40 dollars per ounce. During th ...


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