London Gold Market Report |
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Gold Sinks to $790 Once More as US Dollar Beats Everything But T-Bonds THE SPOT PRICE of physical gold sank below yesterday's two-week low early in London on Wednesday, dropping to $790 before bouncing to $801 an ounce as Western stock markets fell sharply. US Treasuries rose, pushing real yields after inflation almost 2% into the red on the 10-year bond, while the Euro slipped below $1.44 on the currency markets – a fresh six-month low. The British Pound dropped another 1.5¢ to reach its Read More...
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