CHICAGO, May 16 -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Monday as the U.S. dollar weakened.
The most active gold contract for June delivery rose 5.8 U.S. dollars, or 0.32 percent, to close at 1,814 dollars per ounce.
The newly released New York Fed's Empire State business conditions index, a gauge of manufacturing activity in the state, plummeted 36.2 points to negative 11.6 in May. Disappointing economic data support gold.
Silver for July delivery rose 55 cents, or 2.62 percent, to close at 21.551 dollars per ounce. Platinum for July delivery fell 5.4 dollars, or 0.58 percent, to close at 925.3 dollars per ounce.
- Xinhua
Created by Tan KW | Mar 28, 2024
Created by Tan KW | Mar 28, 2024
Created by Tan KW | Mar 28, 2024
Created by Tan KW | Mar 28, 2024
Created by Tan KW | Mar 28, 2024
Created by Tan KW | Mar 28, 2024
Created by Tan KW | Mar 28, 2024