Daily Gold Update

Source: Market Watch

San Francisco— Gold futures climbed Tuesday, recovering from an earlier slide to close with a gain of more than $11 an ounce, with the metal finding support from strength in oil prices and weakness in the U.S. dollar.

Gold for December delivery climbed $11.10, or 1.4%, to close at $816.80 an ounce on the New York Mercantile Exchange. The contract had fallen to a low of $792 an ounce earlier, its lowest intraday level since October.

Copper and silver finished higher along with gold. September copper led the climb, up 11.4 cents, or 3.4%, to close at $3.4285 a pound, while September silver saw a slight gain of 0.5 cent to end at $13.105 an ounce.

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