Gold: Closed at a two-week low

Home » Gold: Closed at a two-week low

The price of gold closed with losses on Tuesday, with the precious metal falling to a two-week low.

Gold futures for April delivery lost $ 27.60, or 1.4%, to close at $ 1,912.20 an ounce, slipping to $ 1,888.30 a day lower, the lowest level since Feb. 25.

The June contract, the most active, fell $ 26.70, or 1.4%, to $ 1,918 an ounce. Both gold contracts closed at the lowest level since March 16.

May silver lost 46 cents, or 1.8%, to $ 24,736 an ounce, after falling as low as $ 24,045 – its lowest level since February 25.

May copper, meanwhile, closed with small gains of 0.1% at $ 4,731 a pound.

April platinum lost 1.8% at $ 973 an ounce, while the July contract, the most active now, fell 1.5% to $ 978.80 an ounce.

Palladium for June closed at $ 2,112.70 an ounce, diving 5.8%.

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