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Thursday, November 20th, 2008

Posts Tagged ‘ The Daily Reckoning Australia ’

Gold Prices Fall to Lowest Level in a Week

May 27th, 2008 | By Contrarian Profits | Category: Featured, Financial News

A strengthening dollar and a drop in oil prices caused spot gold prices to fall more than 2% today – its lowest level in a week, according to Thomson Reuters.

Dan Denning in The Daily Reckoning Australia doesn’t think this is a cause for concern: “After regrouping, shaking out the weak hands, and giving the dollar its due, gold is on the march again.

Tags: commodities, commodities prices, gold, Gold Prices, Oil Prices, Spot Gold, Steve Sjuggerud, The Daily Reckoning Australia, US dollar
Posted in Featured, Financial News | Comments2008-05-27+16%3A47%3A58Contrarian+Profits

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