Source: Marketwatch
San Francisco— Gold ended modestly lower after enjoying moderate gains throughout most of the trading day. Platinum slipped from its best level since July 2008, while silver and palladium bucked the downward trend. Copper futures came off a record high Monday, ending lower along with gold and most other metals, due to a stronger dollar.
Gold was lower for most of Asia trading and in electronic trading earlier Monday, but it had traded higher for most of the session. The metal lost $4 Friday amid speculation that Hosni Mubarak might soon resign as Egypt�s president, diminishing gold�s safe-haven appeal. Mubarak has indicated he will step down, but he�s vowed not to do so immediately. Silver for March delivery rose 28 cents, or 1%, to $29.34 an ounce. Platinum futures ended lower, coming off their best level since July 2008 achieved Friday. The April contract declined $1.60 to $1,844.20 an ounce.
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