Search Now

Recommendations

Monday, March 01, 2010

Bullion metals rise for second straight day


Prices register modest gains for the month

Gold prices rose for second straight day and jumped to the highest price in a week on Friday, 26 February 2010. Prices rose as the U.S. dollar fell.

On Friday, gold futures for April delivery added $10.40, or 0.8%, to $1,118.90 an ounce, the highest since a week ago. It briefly rose as high as $1,119.50, back near the highest in a month. For the week, prices fell by 0.2%. For the month of February, prices rose by 2.3%.

On Friday, silver futures for March delivery rose 39 cents to $16.50 an ounce.