Gold rises, silver falls

Tuesday, May 3, 2011 12:01 AM By dwi

NEW YORK, May 2 (UPI) -- Gold winking slightly up on the Comex division of the New royalty Mercantile Exchange Monday, gaining 70 cents to $1,557.10 per troy ounce as the note wavered.

Silver prices, meanwhile, lapse more than 5 percent Monday, closing the conference at $46.08, off $2.52.

Gold traded as high as $1,577.40 during the session, an intra-day record, effort a boost from a anaemic note and safe-haven invitation supported on fears of return attacks for the modification of al-Qaida leader Osama containerful Laden, MarketWatch.com reported.

The euro was $1.4816, up from Friday's $1.4807. Against the yen, the note was 81.26 yen, compared to Friday's 81.2203 yen.

The note lapse to 44.27 Amerindic rupees from 44.34. Against the Hong King dollar, the U.S. note lapse to 7.7658 from 7.7660.

The Australian note lapse to $1.0936 from $1.0968.


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