Gold Prices Slip on Higher Dollar

- December 29th, 2011

Bloomberg reported that gold prices were down as the dollar rallied against the euro.

Bloomberg reported that gold prices were down as the dollar rallied against the euro.

As quoted in the market news:

Gold futures for February delivery declined 1.9 percent to $1,534 an ounce at 9:51 a.m. on the Comex in New York. The metal headed for a sixth straight day of declines, which would be the longest slide since March 4, 2009.

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