16.10.2008 - Gold ends steady as sell-offs hit commods, Wall St
From Guardian: Gold weathered a widespread decline in commodities on Wednesday, ending slightly lower in New York futures trade as plunging stock markets sent some investors to gold as a safe haven. A slide in U.S. and European equity markets triggered buying in the bullion market, offsetting some selling related to a decline in crude oil and commodities, traders said. Silver fell 5 percent, platinum nearly 5 percent and rhodium more than 20 percent amid fears a recession would hit demand for precious metals with an industrial use..... Full Article: Source
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