Thursday, November 25, 2004
Gold high on dollar losses
Story link: Gold high on dollar losses
by Brian Turner
by Brian Turner

As the dollar continues to devalue, with little sign of correction from Washington, the price of gold has reached a 16-year high.
Gold reached over $452 a troy ounce, it’s highest rate for two decades, as investors sought to stabilise reserves with what is otherwise seen as a safe investment in the face of foreign exchante rate uncertainties.
Add to Bookmarks:
Related posts to: Gold high on dollar losses
Dollar strength hurts metals prices ...
Harmony plans disposals as losses decrease ...
New power challenge for South Africa’s miners ...
Gold to benefit from stock market uncertainty ...
Gold drops 30 cents, silver down 23 cents in New York ...
Latest Metals News:
Copper prices drop in New York, London
BHP Billiton scraps plans to acquire Rio
Base metals see more price declines
Copper prices fall on inventories, US housing data
Copper, aluminium gain after early declines
Gold drops half a dollar in New York
Copper pares gains on US retail data
Copper, aluminium inventories continue to climb
Alcoa delays expansion at Wagerup and cuts production
Platinum, palladium down on auto sector problemsPrevious:
Next: Zinc at 7-year high »
Visited 701 times, 4 so far today