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Strengthened Dollar
$870 gold at 3-month low
By David Bradshaw Tuesday, April 29, 2008Tuesday gold prices fell 2.5% on lower oil prices and a firmer dollar ahead of the Fed. Gold closed in NY down $22.50 to $870.70/oz., silver fell $.47 to $16.52/oz.
$870 gold at 3-month low—LISTEN
“Crude oil fell more than $3 a barrel after BP restarted a North Sea oil pipeline and as the dollar strengthened, reducing the appeal of commodities to investors,” reports Bloomberg ...
