As the U.S. dollar rally continues, gold keeps being put under pressure. After 3;30 PM ET, gold dipped below US$1,100 and, after a pause, fell below it. As I write this post, spot gold's at $1,096.00.
This report from a PRC news outlet explains it: the greenback's becoming the safe-haven place to be, once again.
Thursday, December 17, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment