MW: Gold futures lightly add to losses after sentiment
By Laura Mandaro
SAN FRANCISCO (MarketWatch) -- Gold futures sold off further Friday after a weak reading on consumer sentiment gave a boost to the U.S. dollar. Gold for December delivery sank to $1,104.40 an ounce, down $2.20 from the New York floor settlement on Thursday, and compared to $1,107 ahead of the mid-morning release. Silver and copper also lost ground for the day, while palladium and platinum stayed higher. The Reuters/University of Michigan index showed consumer sentiment earlier this month fell to 66.0 from 70.6 in October, falling short of expectations for a rise to 71.8. The index has now fallen for two straight months.
