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'Dollar strengthening leaves gold a little short' gold prices

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Dollar strengthening leaves gold a little short

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06/08/09 08:31

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Dollar strengthening leaves gold a little short

Losses are gaining in gold prices with the wilting of oil prices and the strengthening dollar.~~

When the dollar index is above 80, which is a crucial level, it hints that the dollar may get stronger even yet.

With the dollar gaining some of the footing that it had lost, further gains in gold will be difficult unless something happens to create some risk aversion back to the safe haven.

Link: Gold falls as dollar strengthens, oil wilts | Ma

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