Monday, 1 September 2014

News About Gold & Silver

Gold futures for December delivery fell 0.2 percent

Silver futures for December delivery lost 0.6 percent

Crude Prices rose for a fourth day after touching a seven-month low

Gold futures for December delivery fell 0.2 percent to $1,287.40 an ounce, sliding for a second time in three days. Prices rose 0.4 percent this month as violence in Ukraine boosted haven demand. Silver futures for December delivery lost 0.6 percent to $19.492 an ounce on the Comex. The metal dropped 4.5 percent this month. West Texas Intermediate crude capped the first weekly gain in more than a month on speculation an improving U.S. economy will boost fuel demand. Aluminum posted its longest-ever run of monthly advances as faster U.S. expansion added to signs of rising metals demand amid shrinking inventories.

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