Gold Takes a Tumble on Stronger Dollar
Apr 1st, 2008 | By Contrarian Profits | Category: Featured, Financial News, Gold MarketGold futures have shed over 4% so far today in what MarkeWatch is calling “a broad-based commodities sell-off.”
According to the site, “gold for June delivery tumbled $41.80, or 4.5%, to $879.70 an ounce on the New York Mercantile Exchange. Other metals futures were also sharply lower, with platinum selling off 7%.”