Browse: Home / Markets / Gold loses nearly $10 as metals hurt by dollar
By MarketWatch on February 23, 2010
SAN FRANCISCO (MarketWatch) — Gold and other metals futures closed lower Tuesday, hit by a jump in the U.S. dollar, which benefited from safe-haven demand after European and U.S. confidence measures tumbled. Gold for April delivery fell $9.9 an ounce, or 0.9%, to $1,103.2 an ounce by the end of floor trading in New York. Copper for March delivery fell 2.7% to $3.216 a pound. The dollar index rose to 80.834, up about 0.4%, as the euro slid.


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