( MENAFN ) On Friday, Jun. 11 gold futures on the COMEX division of the New York Mercantile Exchange declined as the USD advanced.
The most active gold contract for delivery of August decreased USD16.8, or 0.89 percent, to settle at USD1,879.6 an ounce.
Profit-taking may also have affected the price of the precious metal, as gold had witnessed a number of sessions of price rises in anticipation of, then release of inflation figures on Thursday, market analysts hold.
Silver for delivery of July soared 11.5 cents, or 0.41 percent, to close at USD28.146 an ounce. Platinum for delivery of July increased USD5.1, or 0.45 percent, to settle at USD1,151.1 an ounce.
Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.