Gold slumps as dollar strengthens

Filed in Dollar Strength, Gold, Gold Holdings, Gold Investing, US Dollar by on December 4, 2009 0 Comments

The gold price has slumped after surprisingly good US unemployment data sent the US dollar higher, making gold a less attractive investment.Gold fell more than $65, or 5%, to $1,161.4 an ounce, down from a record high of $1,226.56 in early trading . Gold slumps as dollar strengthens

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Gold slumps as dollar strengthens

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