5:00AM Gold and silver advanced due to weak dollar.
August gold finished $3.10 higher at $660.50 an ounce on NYME. Earlier in the trading the contract reached $671.50 an ounce. July silver closed 34 cents higher at $13.07 an ounce after hitting a session high of $13.36 an ounce. July platinum settled down $6.70 at $1,291.40 an ounce, while September palladium ended up $2.10 at $362.65 an ounce. The most-traded July copper contract dropped 14.10 cents to $3.6740 per pound.
July crude oil contract finished 66 cents higher at $72.03 a barrel, after advancing to $72.75 a barrel. June gasoline put up 1.31 cent to $2.1499 a gallon, off its prior high of $2.19 a gallon. On the New York Board of Trade, July Arabica coffee finished 0.65 cent up at 98.75 cents a pound. July futures for raw sugar in foreign ports added 0.03 cent higher at 15.91 cents a pound. |