| 21.01.2009 - Gold declines in Asia on deflation concerns, dollar rally |
| From Bloomberg: Gold dropped in Asia as a slide in equities renewed deflationary concerns and a rally in the dollar curbed the metal’s appeal as an alternative investment. The Dow Jones Industrial Average had its worst Inauguration Day decline yesterday as speculation banks must raise more capital sent financial shares to an almost 14-year low. Bullion has fallen 3.5 percent this year as the index slid 9.4 percent..... Full Article: Source |