Precious Metals Mixed, Euro Pares Gains Vs. Dollar

Precious metals oscillated between gains and losses on Monday while the euro currency surrendered nearly its entire gain versus the U.S. dollar.

COMEX gold futures, per the April contract, settled lower by 0.1% at $1,724.90 per ounce.  The yellow metal traded in a range of $1,718 and $1,735 today.

Silver futures for March delivery closed higher by 0.4% at $33.72 per ounce on the COMEX. Other metals posted modest losses, with platinum falling 0.6% to $1,649.70 per ounce, palladium dipping 0.6% to $698.55 per ounce, and copper futures sliding 0.6% to $3.84 per pound.

The euro currency jumped to as high as 1.3284 against the dollar in overnight trading after Greece passed a new set of austerity measures, but was unable to maintain most of its gain as concerns persisted over the health of other euro zone nations including Italy, Portugal, and Spain.  This afternoon the euro/dollar currency cross remained higher by just 0.1% at 1.3208.