Friday, February 12, 2010

Gold Falls to $1,0090/oz as Dollar Rises – Feb 12, 2010

by Bullion Prices Staff on February 12, 2010

New York gold futures fell nearly $5 on Friday after the US dollar gained strength on news that China tightened lending yet again. Worries over Greece debt continued to be cited as well in propping the greenback, as the euro was pressured lower. Gold generally declines when the dollar rises. New York precious metal prices […]