NEW YORK (TheStreet ) -- Gold prices were catapulting towards $1,700 an ounce on a weaker U.S. dollar and momentum buying.
Gold for December delivery was adding $19.70 at $1,680.70 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded as high as $1,693.90 and as low as $1,662 an ounce while the spot gold price was up $19, according to Kitco's gold index.
Silver prices were up 37 cents at $32.37 an ounce while the U.S. dollar index was losing 0.61% at $77.15.
Gold for December delivery was adding $19.70 at $1,680.70 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded as high as $1,693.90 and as low as $1,662 an ounce while the spot gold price was up $19, according to Kitco's gold index.
Silver prices were up 37 cents at $32.37 an ounce while the U.S. dollar index was losing 0.61% at $77.15.
