CHICAGO, Nov. 25 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Wednesday as the U.S. dollar weakened.
The most active gold contract for December delivery rose 0.9 U.S. dollar, or 0.05 percent, to close at 1,805.5 dollars per ounce.
Economic figures released on Wednesday were mixed. U.S. Department of Commerce reported that U.S. personal income fell by 0.7 percent in October, worse than expected.
U.S. Labor Department reported that the initial jobless claims for state unemployment benefits increased 30,000 to a seasonally adjusted 778,000 in the week ending Nov. 21, the second straight weekly increase in claims.
U.S. Commerce Department reported that durable goods orders increased by 1.3 percent in October on the basis of a 2.1-percent spike in September, better than expected.
Silver for December delivery rose 6.2 cents, or 0.27 percent, to close at 23.362 dollars per ounce. Platinum for January delivery rose 11.5 dollars, or 1.2 percent, to close at 969.8 dollars per ounce. Enditem
