U.S. Coin Collecting

Gold Prices Rise to Trim Weekly Loss, Silver Recoups 92 Cents

Gold advanced for the first time in three days Friday, recouping a small portion of a weekly loss that totaled $63, or 3.5 percent — the biggest five-day drop since September 23. Gold prices edged up $4.90, or 0.3 percent, to $1,725.10 an ounce in the December futures contract on the Comex in New York, trading between $1,711.40 and $1,738.50. Most market-watchers had exhibited a bullish outlook for the yellow metal when closing up shop last week. Reality missed expectations, as the safe-haven this week turned out to be not golden in color, but green — as in the U.S. dollar. Read the rest of Gold Prices Rise to Trim Weekly Loss, Silver Recoups 92 Cents