Gold investing | Gold Slips Nearly 3 Percent As Oil Falls, Dollar Firms - Contrarian Stock Market Investing News

Sunday, November 22nd, 2009

Gold Slips Nearly 3 Percent As Oil Falls, Dollar Firms

Dec 1st, 2008 | By Contrarian Profits | Category: Financial News, Gold Market

Gold fell nearly 3 percent on Monday as oil prices slipped more than $2 a barrel after OPEC’s decision to leave production unchanged at a meeting at the weekend, and as the dollar firmed against the euro.

Spot gold fell to a session low of $788.90 an ounce, and was quoted at $789.30/791.80 at 1143 GMT, down from $813.00 an ounce late on Friday.

Jan Harvey
London, Dec 1 (Reuters)

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By Contrarian Profits

December 17, 2008 -- Gold Eases on Profit Taking After Fed Rate Cut
January 16, 2009 -- Credit Crisis Sequel, Global Bank Bailout, Emerging Markets Still a Buy?, Gas Wars and More!
November 28, 2008 -- Gold Eases on Dollar but Eyes Hefty on Monthly Gain

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