Wed, Oct 22, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Market Pulse more

Gold price holds its own

Posted on 27 March 2009

From Telegraph: Gold has risen for a second straight day on speculation the dollar will slide, boosting demand for the precious metal as an alternative asset. Gold and the dollar, which have moved in tandem for most of 2009 as investors sought a haven from financial turmoil, have returned to an inverse correlation.

Analysts said spending by governments to ease the recession may spark inflation, curbing the greenback’s appeal. ….Full Article: Source


 Article link

This post was written by:

VRS - who has written 37561 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031