Gold price logs first loss in 6 sessions, extends decline after Beige Book

April 19, 2017

New York (April 19)  Gold prices settled lower Wednesday, logging their first loss in six sessions. Prices, which finished with a loss as the ICE U.S. Dollar Index DXY, +0.25% rebounded from a three-week low, extended their decline in electronic trading after the release of the Federal Reserve’s beige book. June gold GCM7, -0.79% fell $10.70, or 0.8%, to settle at $1,283.40 an ounce. It was at $1,283.20 in electronic trading.

Spot silver slid 8 cents to $18.19, whille spot platinum was hammered down nearly 2% to $969. 

Source: MarketWatch

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