Trading was subdued in all New York metals
U.S. gold futures rose on Tuesday amid a weaker dollar, although trading was subdued in all New York metals after a copper floor trader died, briefly halting trading in the morning, Reuters reported.
The trader reportedly suffered a fatal heart attack shortly after copper's opening bell, sources said. Metals trading was suspended from around 8:30 a.m. EDT until 9:10 a.m. while medical personnel tried unsuccessfully to revive the man on the exchange floor.
It was a tough and emotional start to the day," said Scott Meyers at Pioneer Futures. "They had to hold up the markets for a while and it was a very quiet session today."
June delivery gold closed $1 higher at $427.90 an ounce, after trading from $426.60 to $428.80 on the Comex division of the NYMEX's.