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Gold Declines as Strengthening Dollar Curbs Demand; Paulson Cuts Holding
Nov. 15, 2011 10:48AM PST
Precious MetalsBloomberg reported that a stronger US dollar caused gold prices to fall for a second day.
Bloomberg reported that a stronger US dollar caused gold prices to fall for a second day.
As quoted in the market news:
Gold for December delivery fell 0.4 percent to $1,770.90 an ounce by 7:59 a.m. on the Comex in New York. Immediate-delivery gold was 0.6 percent lower at $1,769.88 in London.
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