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gold-investing

Gold slips on dollar rebound

Investing News Network
Dec. 15, 2010 09:29AM PST
Precious Metals Investing

Reuters reports that on Wednesday, spot gold slipped nearly half a percent pressured by the dollar.

Reuters reports that on Wednesday, spot gold slipped nearly half a percent pressured by the dollar.

The market news is quoted as saying:

However, the outlook for gold remains strong and it is expected to enter another bullish year in 2011, with global economic uncertainties and inflation anticipation luring people to park their value in the metal, traders and analysts said.

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