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Gold slips as dollar firms, euro debt worries stay
Nov. 28, 2010 10:28PM PST
Precious Metals InvestingReuters reports that Gold fell on Monday as a firmer U.S. dollar dented the gold’s appeal as an alternative investment.
Reuters reports that Gold fell on Monday as a firmer U.S. dollar dented the gold’s appeal as an alternative investment.
The market news is quoted as saying:
Spot gold eased $6.53 to $1,355.20 an ounce by 0053 GMT, extending a 1 percent drop on Friday. Bullion was below a lifetime high around $1,424 struck in early November.
