Fri, Apr 18, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Currencies more

Gold may drop as investors turn to dollar

Posted on 25 November 2011

Gold may decline as investors seeking a protection of wealth during Europe’s sovereign-debt crisis turn to the dollar, curbing demand for the precious metal. Palladium dropped to a seven-week low.

Bullion for immediate delivery was little changed at $1,694.18 an ounce at 11:57 a.m. in Singapore, on course for a second weekly decline. February-delivery futures were also little changed at $1,697.90 on the Comex in New York, where floor trading was closed yesterday for the Thanksgiving holiday………………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930