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View Full Version : Gold Rises to 2-Month High on Inflation Concern, Weaker Dollar - Bloomberg



NewsWhore
05-21-2009, 09:50 AM
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Gold Rises to 2-Month High on Inflation Concern, Weaker Dollar (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601082%26sid%3DahbBfD5SoI5Q%26refer%3Dcanada&cid=1244395603&ei=X1AVSo7cDIfGsgbq_piUBA&usg=AFQjCNGF5j7Wp1s9m5UNnpJDfLLPfbR2Ww)
Bloomberg
The US Dollar Index, which tracks the currency against six other major monies, slid today to the lowest this year. Gold typically advances when the dollar drops. “The fact equity markets appear to have stalled and inflation fears are on the increase ...


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