From the daily archives:

Monday, January 4, 2010

US Gold, Metals Soar on Weakened American Dollar – 1/4/2010

by Bullion Prices Staff on January 4, 2010

in Featured

Precious metals jumped on the first day of trading in 2010 as the US dollar slid against other world currencies. A cited reason for the dollar’s decline and gold’s gains was positive news on China manufacturing data. Gold, considered a hedge during times of high inflation and economic uncertainty, tends to follow oil and move [...]

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