Wednesday, October 21, 2009

MarketWatch.com | Gold ends higher as dollar falls to new low versus euro

Oct. 21, 2009, 3:00 p.m. EDT- SAN FRANCISCO (MarketWatch) -- Gold futures closed higher Wednesday as the U.S. dollar slid to a fresh 14-month low against the euro, breaching a key psychological level and increasing the lure of hard assets.

Gold for December delivery added $5.9, or less than 1%, to settle at $1,064.5 an ounce. December silver rose 27 cents, or 1.5%, to $17.825 an ounce. December copper added 10 cents, or 3.5%, to end at $3.036 a pound....