| 28.10.2010 - Gold is a faith-based metal |
| From Commodityonline.com: Additional gains recorded overnight brought the US dollar very near the 78 mark on the trade-weighted index and contributed to a fresh dip in gold prices down to the $1,326.00 level. Crude oil felt the rising dollar-induced selling heat as well, losing nearly $1 to fall to $81.72 per barrel. Much of what was seen overnight was due to rising apprehensions related to next Tuesday’s Fed meeting..............................................Full Article: Source |