Platinum, palladium fall as investors cash in gains
Platinum, palladium fall as investors cash in gains
LONDON, Jan 22 – Platinum and palladium prices fell more than 4 percent on Friday on fears the metals’ run-up to their highest level since mid-2008 this week, after the launch of new US investment products, may have been overdone. Gold hit a one-month low and silver prices also fell, reflecting losses in other commodities after US President Barack Obama proposed tough new rules to limit risk ...
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Gold May Fall in New York as Investors Sell on Stronger Dollar
Gold May Fall in New York as Investors Sell on Stronger Dollar
Dec. 23 (Bloomberg) -- Gold, little changed in New York today, may decline for a third day as gains in the dollar prompt investors to sell the metal. Gold yesterday slipped to seven-week low as the U.S. Dollar Index , a six-currency gauge of the greenback’s value, climbed to its highest level in more than three months on signs of a recovery in the world’s largest economy.
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