Tuesday, 3 May 2011

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Gold and Silver Fail to Find Upside

  • Tuesday, 3 May 2011
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  • NEW YORK (TheStreet ) -- Gold and silver were getting pummeled Tuesday on a stronger U.S. dollar and a surprise rate hike in India. Gold for June delivery was down $13.90 to $1,543.20 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded as high as $1,551.40 and as low as $1,516.20. The spot gold price was flat, according to Kitco' gold index. Silver



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