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UPI: Gold prices drop slightly
 
NEW YORK, Feb. 2 (UPI) -- Gold prices prices slid slightly Wednesday, as the dollar index was flat, rising 0.5 percent.

U.S. markets were also flat in a news week dominated by civil unrest in Egypt.

Egyptian President Hosni Mubarak agreed not to seek re-election in the fall, but protests continued. Much of the fear for investors revolves around a spread of unrest to other countries and concern that shipping through the Suez Canal could be disrupted.

On the Comex division of the New York Mercantile Exchange, gold lost $3.10 to $1,337.20 per troy ounce while March delivery crude oil prices added 15 cents to $90.92 per barrel.

The euro fell $1.3811 from Tuesday's $1.3831. Against the yen, the dollar rose to 81.54 yen from Tuesday's 81.35 yen.

The dollar was mostly higher in Europe and mostly lower in Asia.

In India, the dollar rose to 45.55 rupee from 45.454 rupee. The U.S. dollar dropped to 7.7873 Hong Kong dollars from 7.7919 HKD. The dollar fell to 1,113.60 South Korean won from 1,113.96 won.

The U.S. standard also lost ground against the Canadian dollar, dropping to $0.9876 from Tuesday's $09908. The Australian dollar fell to 1.0094 from Tuesday's 1.0113.



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