Gold declines as strong dollar reduces demand (People’s Daily)
October 31, 2009 by admin
Filed under How to sell your gold, Jewelry, Sell Gold, nyc gold buyers
Gold futures on the COMEX Division of the New York Mercantile Exchange dropped on Friday as U.S. dollar strengthened, eroding gold’s demand of hedge. Silver and platinum both fell. The most active gold contract for December delivery slid 6.70 U.S. dollars, or 0.6 percent, to finish at 1,040.40 dollars an ounce. Dollar regained strength after the report that the U.S. consumer spending plunged in …
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