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    gold investing

    Gold Drops As Dollar Rises

    Investing News Network
    Jul. 05, 2012 11:27AM PST
    Precious Metals Investing

    Bloomberg reported the fall of gold due to speculation that the Federal Reserve may ease stimulus measures, while the strenghtening of the dollar thrawted investment int he metal.

    Bloomberg reported the fall of gold due to speculation that the Federal Reserve may ease stimulus measures, while the strenghtening of the dollar thrawted investment int he metal.

    Toronto-based head of commodity strategy at TD Securities Inc., Bart Melek, commented:

    There is now less impetus for the policy makers to expand the balance sheet. The dollar’s strength is not helping matters.

    Click here too read the full Bloomberg report.

    bart melektd securitiesgold investing
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