Wednesday, January 27, 2010

Gold Retreats Below $1,090/oz, Silver Drops Under $16.50/oz – 1/27/2010

by Bullion Prices Staff on January 27, 2010

US gold futures, and other precious metals, finished lower on Wednesday as the US dollar rallied against the euro and other world currencies. China’s move to slow lending (and growth) was again cited as a factor in moving the dollar and pulling down gold. By the end of the day, gold fell 1.3%, silver lost [...]

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