Precious Metals Fall, U.S. Dollar Rises on Euro Concerns

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DG365FD46564GFH654FU898 Precious metals futures settled lower on Tuesday amid modest strength in the U.S. dollar and ongoing sovereign debt concerns in Europe. COMEX gold futures, per the February contract, closed down by $13.80, or 0.8%, at $1,664.50 per ounce – thereby negating yesterday’s $14.30 advance. Silver futures for February delivery on the COMEX finished with a loss of $0.30, or 0.9%, at $31.98 per ounce.