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gold-investing

Gold Prices Fall Over 2% on Stronger Dollar

Investing News Network
May. 23, 2012 09:49AM PST
Precious Metals Investing

MarketWatch reported that the price of gold dropped as the US dollar rose over concerns about the Greek debt crisis.

MarketWatch reported that the price of gold dropped as the US dollar rose over concerns about the Greek debt crisis.

As quoted in the market news:

Gold for June delivery GCM2 -2.36%  sank $38, or 2.4%, to $1,538.60 an ounce, extending the week’s decline into a third session. Earlier, the contract fell by as much as $42.70 to touch a low of $1,533.90.

Click here to read the full MarketWatch report.

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