• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Minerals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    gold investing

    Gold Prices Drop on Increasing Dollar Strength

    Investing News Network
    Apr. 23, 2012 07:07AM PST
    Precious Metals Investing

    Bloomberg reported that gold prices were down as a higher dollar caused a drop in investor demand.

    Bloomberg reported that gold prices were down as a higher dollar caused a drop in investor demand.

    As quoted in the market news:

    Gold futures for June delivery fell 0.8 percent to $1,629.60 an ounce at 9:35 a.m. on the Comex in New York. Earlier, prices slipped to $1,623.60, the lowest for a most- active contract since April 5.

    Click here to read the full Bloomberg report.

    gold investing
    The Conversation (0)

    Go Deeper

    AI Powered

    Strong Dollar Weighs Down Gold Prices

    Gold Prices Struggle Against a Stronger Dollar

    Latest News

    80 Mile PLC Secures 3 Strategic MOUs with Fortune 500 Energy Group, Ludoil, and JEnergy and moves to 100% of Ferrandina Biofuels Plant

    TSX-V: TT Closes Acquisition of High Lake and West Hawk Lake from McFarlane Lake Mining and Closing of Final Tranche of Non-Brokered Private Placement

    Providence Gold Mines Inc. Acquires Additional Land Position at the La Dama de Oro Gold

    Pinnacle Receives Positive Results from Preliminary Metallurgical Tests at El Potrero with Average of 95.09% Gold Recovery

    1911 Gold Strengthens Operations Leadership with Appointment of Éric Vinet as COO and Additional Senior Site Personnel

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Precious Metals Investing Stocks

    Cartier Resources

    ECR:CC

    Rua Gold

    RUA:CC

    Pinnacle Silver and Gold

    PINN:CC

    JZR Gold

    JZR:CA

    Blue Jay Gold

    Providence Gold Mines

    PHD:CC
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES