NEW YORK: Gold prices fell for the second day in succession to close at $US927 an ounce, down by $US4.80 at the COMEX metals division of NYMEX on Friday.
Analysts attributed the reason for the fall back to investor’s decision to lighten their load on new signs of problems in the US economy.
COMEX copper inched up with support coming from firm supply/demand fundamentals keeping the red metal within sight of its all-time highs above $US4.00 a lb.
Active May copper settled 2.05 cents at $3.9445 a lb.
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