Monday, October 26, 2009

Gold Retreats to Touch 2-Week Low, Silver Plunges – 10/26/2009

by Bullion Prices Staff on October 26, 2009

New York gold futures on Monday retreated to touch a price low that had not been seen in more than two-weeks. The yellow metal was pushed down by a rebounding US dollar, which led to the negative direction of commodities in general. Oil futures tumbled $1.82 to $78.68 a barrel. Gold tends to follow oil […]