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Sunday, October 02, 2011

Gold Marks 12th Quarterly Gain, Silver Falls for Quarter, Silver Eagles Top 33.4M

 

Fine Gold BarsU.S. gold prices rose modestly Friday, capping a 12th straight quarterly gain. Despite a sharp 11.4 percent drop in September, the yellow metal advanced 8.0 percent in third quarter 2011.

On Friday, gold prices climbed $5.00, or 0.3 percent, to settle at $1,622.30 an ounce in the December futures contract on the Comex in New York. Gold ranged from an intraday low of $1,607.80 to a high of $1,642.50.
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