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    gold investing

    Stronger Dollar Drags Down Gold Prices

    Investing News Network
    Nov. 14, 2011 02:04PM PST
    Precious Metals

    The Street reported that a stronger dollar put pressure on gold prices and caused them to fall.

    The Street reported that a stronger dollar put pressure on gold prices and caused them to fall.

    As quoted in the market news:

    Gold for December delivery closed down $9.70 at $1,778.40 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded as high as $1,797.60 and as low as $1,774.20 an ounce while the spot price was shedding $10, according to Kitco’s gold index.

    Click here to read the full Street report.

    gold investing
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