London Gold Market Report |
|
Gold Slides as Oil Sinks After Gustav; Falling Inflation Hopes Spark Fresh Surge in Cheap Money & Government Spending THE PRICE OF GOLD in Dollars dropped almost 2% at the London opening on Tuesday, sliding to $802 per ounce as crude oil fell at its fastest rate since the US invasion of Iraq in 2003. With Hurricane Gustav causing only "minimal damage" to oil installations in the Gulf of Mexico, the US Dollar also surged yet again on the currency markets, pushing the Euro down 1.5¢ to a
Filed under: Fundamental
Latest Posts
- US stocks gain on Mortgage data. ECB and BOE today
- EUR/USD Daily Outlook
- Daily Market Outlook
- After a rollercoaster day, the Dow finished higher.
- The Risks Ahead
- TopForex.info » Flexible Forex Trading In Action | Forex Income …
- ISM Non-Manufacturing Index Plunges to Record Low
- USD, JPY Drift Lower, RBA Cuts
- New York Session
- U.S. Forex Market Commentary
- U.S. Forex Market Commentary
- Currency Pair Overview - Forex Trading, Currency Forecast, FX …
- Daily Forex Signal
- Forex News and Rumors - Afternoon Update | OANDA Forex Blog
- Daily Forex Signal