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Dollar rises, gold falls. Same old, same old…

Posted on 30 March 2011

Eurozone weakness revolving around doubts raised over Portuguese debt, coupled with some better economic pointers on the recovery in the U.S. economy led to dollar strength vs the Euro on Monday and, coupled with profit taking after last week’s new high led to a sharpish fall in the gold price in dollars as a result.

Indeed gold is not alone in being adversely affected pricewise, silver and platinum group metals initially moved down even more steeply in percentage terms, while oil and base metals prices all also declined by greater or similar percentages……………………………………..Full Article: Source


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