Monday, 28 March 2011

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Gold Price Sinks 1.2% on Dollar Strength

  • Monday, 28 March 2011
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  • NEWS GOLD PRICE - The price of gold fell 1.2% to $ 1,413 per ounce last week, the decrease in back of strength in U.S. dollar and broad-based weakness in the commodity sector. The price of gold back into negative territory in 2011 after investors and traders weighed the impact of comments from St. Louis, James Bullard, president of the Fed this weekend calling for the Fed to "review QE2." The



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