March 13

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NYMEX metals take a back seat to equities Wednesday
NEW YORK, March 13 () -- Gold and silver slipped Wednesday with the dollar index up and equities posting modest gains on Wall Street.While gains were modest, equities are stealing the spotlight, as the Dow Jones industrial average notched its seventh consecutive record close and it's ninth consecutive rise -- its longest wining streak in 16 years.The dollar index gained 0.42 percent on the International Exchange to 82.92, putting pressure on commodities.On the Comex division of the New York Mercantile Exchange, gold shed $5.40 or 0.33 percent close at $1,[url=http://www.guccioutlety.com/]gucci handbags outlet[/url],586.50 per troy ounce.Silver lost 28 cents or 0.95 percent to reach $28.90 per ounce.Against the dollar the euro fell to $1.2958 from Tuesday's $1.3033. Against the yen, the dollar was higher at 96.11 yen from 96.09 yen.The British pound rose to $1.492 from Tuesday's $1.4902. The dollar rose to 1.0279 Canadian dollars from 1.0257 Canadian.The dollar was broadly higher,[url=http://www.celinehandbagss.com/]celine handbags[/url], dropping only against the British pound in Europe and only against the Indonesian rupiah in Asia.