Gold Slides as Stronger Dollar Curbs Demand for an Alternative Investment
Jun. 15, 2011 08:27AM PST
Precious MetalsBloomberg reported that gold prices were down today as the dollar strengthened.
Bloomberg reported that gold prices were down today as the dollar strengthened.
The market news is quoted as saying:
Gold for August delivery fell $7.10, or 0.5 percent, to $1,517.30 an ounce by 7:58 a.m. on the Comex in New York. Immediate-delivery gold was 0.5 percent lower at $1,516.35 in London.
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MARKETS
COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 1853.54 | +7.75 | |
| Silver | 21.86 | +0.07 | |
| Copper | 4.34 | +0.06 | |
| Palladium | 1996.50 | +29.50 | |
| Platinum | 959.50 | +0.50 | |
| Oil | 109.91 | -0.37 | |
| Heating Oil | 3.62 | -0.01 | |
| Natural Gas | 8.43 | +0.35 | |
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