MW:Gold moves sideways, silver slips, as dollar rises
By Michael Kitchen
LOS ANGELES (MarketWatch) -- Gold held its ground in electronic trade during Monday business hours in Asia, while silver slipped slightly as the U.S. dollar rose. Gold for June delivery sat at $1,643.10 an ounce, little changed from the contract's settlement at $1,642.80 Friday on the Comex division of the New York Mercantile Exchange. May silver SIK2 -0.48% edged down 0.2% to $31.58 an ounce, as the dollar index DXY +0.15% rose to 79.244 from 79.140, making the metal slightly more expensive for holders of other currencies. May copper HGK2 -1.11% lost 0.8% to $3.67 a pound, down from $3.70 Friday, after Chinese manufacturing data Monday showed activity still contracting, though at a slower pace than in the previous month.
