Arab Today, arab today gold rises on \fiscal cliff\ impasse
Last Updated : GMT 16:55:22
Arab Today, arab today
Arab Today, arab today

Gold rises on \'fiscal cliff\' impasse

Arab Today, arab today

Arab Today, arab today Gold rises on \'fiscal cliff\' impasse

New York - UPI

Gold futures gained Friday on the Comex division of the New York Mercantile Exchange as U.S. budget talks reached an impasse. Gold for February delivery jumped $14.20 or .86 percent to $1,660.10 an ounce. Silver for March delivery gained 53 cents or 1.77 percent to $30.20 an ounce. The euro was trading at $1.3189 from Thursday\'s 1.3243. The dollar fell to 84.24 against the Japanese yen from Thursday\'s 84.39 yen. The Australian dollar was trading at $1.0413 from Thursday\'s $1.0482. The British pound fell to $1.6166 from Thursday\'s $1.6281.

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