13.01.2009 - Gold pressured - strong USD - economic weakness
From Insidefutures.com: The precious metals were under pressure today due to continued strength in the USD and general commodity weakness. More comments regarding the weakness in both the US economy and continued slowdown in China added to the weak tone and was enough to take all commodities lower. 2009 Gold Outlook - In order to look ahead to 2009, it is important to understand the environment that has shaped the gold market in 2008. As of this writing, the gold market looks to end 2008 in the same mid $800 price range in which it entered the year..... Full Article: Source
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