Wednesday, May 16, 2012

Gold Prices Fall Below $1540, US Bullion Coins Surge

by Bullion Prices Staff on May 16, 2012

A rallying U.S. dollar on Wednesday continued to weigh heavily on gold and other precious metals. June gold prices declined $20.50, or 1.3%, to $1,536.60 an ounce on the Comex division of the New York Mercantile Exchange. The yellow metal traded from an intraday low of $1,523.70 an ounce to a high of $1,552.20 an […]