Gold Slides as Stronger Dollar Curbs Demand for an Alternative Investment

Precious Metals

Bloomberg 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.

To read the full market news, click here.

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