Gold Falls for Third Session in a Row on Poor Retail Sales, Dollar Strength

in Dollar Strength Gold Gold Bullion prices Gold Futures Gold Prices Gold Report Interest Rate Cuts Retail Report by admin — January 14, 2009 4:10 pm | no comments

For the third session in a row gold prices plummeted, as poor retail sales and the continued strength of the U.S. dollar put downward pressure on the metal.It was no surprise to investors that retail sales were weak, but the numbers were down over twice the expected decline, falling by 2.7 percent last month. Declines have happened in the retail sector now for six straight months.This will

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Gold Falls for Third Session in a Row on Poor Retail Sales, Dollar Strength

Tags: continued Dollar Strength dollar-put down-over Gold Futures Gold Prices Gold Report Interest Rate Cuts numbers-were retail Retail Report retail-sales sector-now the-retail