NEW YORK, SEPT. 10 -- The dollar closed mostly higher today in relatively quiet trading as market participants anxiously awaited the government's report on the U.S. trade deficit in July, scheduled for release Friday morning.
Gold and silver advanced.
Against the West German mark, the dollar rose to 1.8045 from Wednesday's 1.8010. Earlier in Frankfurt, the dollar rose to 1.8053, up from 1.7908.
The dollar climbed to 142.40 yen, up from 141.80. Overnight in Tokyo, the dollar rose to 142.65 yen, up 1.20 yen from 141.45.
Preliminary statistics released by its Finance Ministry showed Japan's global trade surplus narrowed for the fourth straight month in August. The report "gave the dollar a little boost, especially in European trading," one analyst said.
European closing rates with late New York prices and comparable Wednesday rates in parentheses:
Zurich, 1.4930 Swiss francs, up from 1.4865 (1.4935 vs. 1.4942); Paris, 6.0430 French francs, up from 5.9995 (6.0400 vs. 6.0225); Milan, 1,308.70 lire, up from 1,298.75 (1,309.75 vs. 1,304.50).
Republic National Bank in New York closed cash gold at $463.10 an ounce, up from its Wednesday close of $457. New York's Commodity Exchange also settled the spot contract at $463.10, up from $456.90.
Silver jumped to $8.02 an ounce from $7.53 on the cash market; the Comex settled it at $8.04, up from $7.52