Monday, 11 April 2011

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Gold May Drop on Sales After Rally to Record; Silver Reaches 31-Year High

  • Monday, 11 April 2011
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  • Gold may decline in New York as some investors sell the metal following its rally to a record and after the African Union said Libyan leader Muammar Qaddafi agreed to a cease-fire. Silver reached a 31-year high. Libya's rebels said a plan proposed by the African Union and agreed to by Qaddafi won't be acceptable if it allows the ruler and his sons to retain power. Germany warned that deficit-



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