Reuters reports investors ditched the euro and turned to gold after Fitch cut Greece's debt ratings by three notches, while silver struggled to catch up with gains in bullion.
Continue reading "Gold rises to near two-week top on euro zone debt woes"
Thursday, May 12, 2011
IBTimes reports precious metals continued correcting yesterday, with the current rise in the US dollar causing selling in precious metals.
Continue reading "Gold and silver prices down as dollar rises"
Tuesday, September 9, 2008
The continuing rise of the greenback coupled with auto industry woes has hit platinum where it hurts the most- market prices. These two factors are causing platinum to continue on a bearish trend.
Continue reading "Platinum continues bearish trend"
Wednesday, August 27, 2008
Platinum prices slipped on Monday as the U.S. dollar resumed its rebound against the euro and the pound. Platinum is often used by investors as a hedge against a weakening dollar, so the dollar's recovery has made the metals less attractive.
Continue reading "US platinum slips on dollar’s rebound,Tokyo platinum up"
Tuesday, August 26, 2008
Platinum prices declines on Monday as US dollar resumed its rebound against the euro and the pound. For more information, click here
Continue reading "Platinum declines as dollar gains against euro"
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Monday, May 23, 2011