Money Matters, Simplified.
Gold prices slide with dollar mixed
Thu, 11/25/2010 - 06:53 by Prince damin
On Wall Street, equities recovered from Tuesday's losses, the Dow Jones industrial average tacking on 150.91 points, up 1.37 percent to 11,187.28.
On the Comex division of the New York Mercantile Exchange gold prices lost $4.30 to $1,375.40. Crude oil prices for January delivery added $2.93 to $84.18 per barrel.
The dollar was mixed Wednesday before a U.S. holiday. The U.S. dollar fell against the Australian dollar and the South Korean won. It made headway in trades with the euro and the British pound.
The euro fell to $1.3329 from Tuesday's $1.337. Against the yen, the dollar rose to 83.52 yen from Tuesday's 83.17 yen.
The Australia dollar rose to $0.9817 from $0.9724. Against the Hong Kong dollar, the U.S. standard rose to 7.7593 HKD from 7.7585 HKD.
The dollar fell to 1,146.95 South Korean won from Tuesday's 1,164.55 won.
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