• Gold prices rise with the dollar price fall

    04/08/2015

    Gold prices rise with the dollar price fall
     
    Gold prices rose to 1100 dollar per oz yesterday, due to the fall in dollar price.  The dollar fell against a basket of currencies, which is due to the fall in US stocks and bonds yields. That made the prices of dollar-priced gold cheaper to holder of other currencies. US gold certificates august delivery has rose by 1.6%, to 1102, 30 dollar per oz.
     
     

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