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News: Gold edge lower on New York

  1. Gold futures ticked lower in New York overnight on uncertainty in Greece after the European Central Bank said it would no longer accept Greek bonds in return for funding.

    April gold fell 0.1% to settle at US$1,262.70 an ounce on Comex.

    The ECB's announcement dealt a blow to Athens, which is seeking debt relief from eurozone lenders, and knocked the euro down against the dollar in early trading.

    In other metals, March silver also declined by 1.1% to settle at US$17.196 an ounce.

    Platinum added 1.1% to US$1,249.90, and palladium gained 0.5% to US$793.15.

     

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