NEW YORK (AP) — Gold and silver have recovered from early losses, but other commodities are lower as the dollar strengthens.
On the New York Mercantile Exchange, gold futures are up 70 cents at $1,141.90 an ounce. Earlier, it fell as low as $1,130 an ounce.
December silver is up 4 cents at $18.455 an ounce, after dropping as much as 26.5 cents earlier in the session.
Both metals managed to post gains despite a rising dollar, which would normally hurt demand for gold and silver. Traders flocked to gold, Treasurys and other safe-haven investments amid a broad decline on the stock market which pushed the Dow Jones industrials down 94 points.
To add a comment, please register or login.