Price of gold on 4 Apr 12
New York gold market closed last night (Apr 2) is driven by the depreciation of the U.S. dollar. After it was reported that the U.S. manufacturing sector grew stronger than expected. Gold futures market, COMEX (Commodity Exchange) for June. It. Increase of $ 7.8 billion or 0.5% to close at 1,679.7 / oz. After moving between 1,664.40 to 1,685.40 dollars. Xinhua news agency said citing a report by analysts said. Gold futures have been driven by the dollar weakening against other major currencies. This allows for the commodities including gold. The appeal. Dollar weakened after the U.S. Institute for Supply Management (ISM) said its U.S. manufacturing index rose to 53.4 in March reached. C. From 52.4 in February. Wed, higher than economists. projected at 53.