London Gold Market Report
Gold Slips as Dollar Bounces; George Soros Rumored "Long Gold, Short Oil" as Wall Street Losses Mount; UK Credit Creation Jumps to New All-Time Record THE SPOT PRICE OF GOLD dropped 1.3% at lunchtime in London on Friday, sliding into the US open ? and heading for its first weekly loss in five ? as world stock markets ticked higher. The US Dollar rose on the forex market. Crude oil futures jumped 2.1% ? "a dead cat bounce," according to one trader ? after suffering their worst drop since Dec....
7/18/2008 12:47:00 PM
FXstreet.com: Fundamental
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