07.11.2008 - Commodities falter on dollar rally, economic woes

From IHT: Gold prices and most other commodities tumbled Thursday, reflecting steep losses on Wall Street and a strengthening dollar. Commodities prices have tended to mirror the direction of the equities markets in recent weeks, and they continued to do so on Thursday. What's more, the U.S. dollar strengthened considerably against most other major currencies, including the euro and the British pound, after a series of interest rate cuts by central banks overseas..... Full Article: Source

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