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View Full Version : Gold Advances as Spain Rating Cut by Moody's Spurs Demand for Haven Assets - Bloomber



NewsWhore
10-19-2011, 01:10 AM
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Gold Advances as Spain Rating Cut by Moody&#39;s Spurs Demand for Haven Assets (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFmoVgwiU0ZVn97ssuQpLdmWTFuvg&url=http://www.bloomberg.com/news/2011-10-19/gold-advances-as-spain-rating-cut-by-moody-s-spurs-demand-for-haven-assets.html)
Bloomberg
Gold has fallen 10 percent in the past two months as the dollar climbed 4 percent against a six-currency basket on concerns that Europe&#39;s crisis may worsen. “The more general return of confidence in the dollar has reduced demand for gold as a hedge ...

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