Total Pageviews

Tuesday, November 16, 2010

PRECIOUS METALS: Gold Falls On Inflation Outlook, Margin Rise

PRECIOUS METALS:
Gold Falls On Inflation Outlook, Margin Rise 

Nov.16-2010---NEW YORK --Gold slipped Tuesday as its inflation-hedge allure dimmed and the exchange where it is traded planned to raise the margin required for buying and selling the metal. The dollar has been gaining on worries about sovereign debt in the euro-zone periphery. A stronger dollar tends to pressure gold by making the dollar-denominated metal less expensive for buyers using other currencies.
Gold Prices Slip as South Korea Ups Rates Gold Declines in New York on Signs of US Economic Recovery
GOVERNMENT MORTGAGE RELIEF
1-858-366-4777 Skype
1-800-270-2928

No comments: