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Dollar Rose, Oil fell

$850 gold on dollar rebound

 By David Bradshaw  Thursday, May 1, 2008

Thursday gold prices fell near $850/oz. on fund selling as the dollar rose and oil fell. Gold closed NY down $24.70 to $851.90/oz., silver fell $.69 to $16.15/oz. 

$850 gold on dollar rebound—LISTEN

“Traders noted a lack of buying coming in to support the gold market, with much of Europe out for May Day celebrations, following holidays in China and Hong Kong overnight,” reports DowJones…

FULL story (1,000’s of news links)…

Posted 05/1 at 10:36 PM   Email  (Permalink) 

 This piece is in Category: Business News


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