Gold slumps as dollar strengthens
December 5th, 2009
| Category: Economy
The gold price has slumped after surprisingly good US unemployment data sent the US dollar higher, making gold a less attractive investment. Gold fell more than $65, or 5%, to $1,161.4 an ounce, down from a record high of $1,226.56 in early trading. After figures showed the US jobless rate falling, the dollar gained 2% on the Japanese yen and 1.3% on the euro. Gold has hit a number of record highs in recent…
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FXtradingMentor : RT @forextrading: FOREX-Dollar falls vs yen and euro after trade data (at Reuters): The dollar fell against the yen and euro ... http://bit.ly/bArLs0 #Forex2010-03-11T13:58:30Z - Reply - View Tweet -
MMVaghela : FOREX-Dollar falls vs yen and euro after trade data (at Reuters): The dollar fell against the yen and euro on Thu... http://bit.ly/ax9Obh2010-03-11T13:55:38Z - Reply - View Tweet -
MMVaghela : FOREX-Dollar falls vs yen and euro after trade data (at Reuters): The dollar fell against the yen and euro on Thu... http://bit.ly/bDTBCK2010-03-11T13:55:37Z - Reply - View Tweet
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forextrading : FOREX-Dollar falls vs yen and euro after trade data (at Reuters): The dollar fell against the yen and euro ... http://bit.ly/bArLs0 #Forex2010-03-11T13:55:36Z - Reply - View Tweet -
FxCashEvolution : FOREX-Dollar falls vs yen and euro after trade data (at Reuters): The dollar fell against the yen and euro on Thu... http://bit.ly/bArLs02010-03-11T13:55:35Z - Reply - View Tweet
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