Gold Fund Falls 0.63% as Dollar Index Climbs | Gold & Silver, Oct 12
The GLD gold fund fell 0.63% to US$382.15 and the SLV silver fund 0.78% on Monday 12 October as the US dollar index rose 0.35% to 102.57. The post Gold Fund Falls 0.63% as Dollar Index Climbs | Gold & Silver, Oct 12 appeared first on The Rio Times .
Gold and silver funds experienced declines on Monday, October 12 as the US dollar strengthened. The GLD fund, which holds physical gold, dropped 0.63% to a price of US$382.15. Meanwhile, the SLV silver fund decreased 0.78% to US$54.35. Among miners, the GDX gold-miners fund suffered a 0.84% decrease, while Pan American Silver experienced the steepest fall at 1.21%. As of the latest available data, spot gold and silver prices for Monday had not yet been updated.
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