In the first 30 minutes of spot gold trading for a new week, the...

  1. In the first 30 minutes of spot gold trading for a new week, the yellow metal is 0.3% softer at US$1096 an ounce at 8:30am EST Sydney, Australia.

    Priced in the local money, gold is hovering around A$1500 an ounce based on an exchange rate of AUD / USD $0.728.

    On Friday in New York gold fell 0.8% to finish at US$1,085.50 an ounce on the Comex.

    Prices lost 4.1% for the week.

    September silver sank 1.5% to US$14.488 an ounce.

    September high-grade copper ended little changed at US$2.383 a pound.

     

 
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