Gold May Fall in New York as Investors Sell on Stronger Dollar

December 24, 2009 by admin · Leave a Comment
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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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