New York London GMT Tokyo Sydney

Price of Gold breaks $1,110/oz – $1,100/oz being tested. Dollar strengthens.

Gold continues to plummet which has resulted in the price reaching the lowest it has been since November 11th 2009 @ $1,100.96/oz.

Investors are taking advantage of the drop in the price of gold in reaction to the monetary policy statement from the Fed.

At the same time, the dollar advances and continues to strengthen – dollar index is testing 78.00 level.

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!