USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

172

Gold Fell after Brief Record High

Gold futures surged in early trading after the Commerce Department said retail sales fell by 0.4 percent in December

Gold Fell after Brief Record High

Gold briefly hit a record Tuesday and then pulled back after the dollar strengthened and oil prices fell on fears that a slumping U.S. economy will slow demand for energy.

February gold fell 80 cents to settle at $902.60 on the New York Mercantile Exchange's Comex, after earlier soaring to a record high of $916.10. March silver fell 12.5 cents to settle at $16.30 an ounce, while copper lost 9.75 cents to settle at $3.2415 a pound.

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