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View Full Version : Gold Poised to Drop as ECB Seen Cutting Interest Rates - Bloomberg



NewsWhore
07-04-2012, 10:10 PM
Gold Poised to Drop as ECB Seen Cutting Interest Rates (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFbH6Aw2XOsTeBHUB1vdKWwmgdZxQ&url=http://www.bloomberg.com/news/2012-07-05/gold-poised-to-drop-as-ecb-seen-cutting-interest-rates.html)
Bloomberg
... a gauge against a six-currency basket that includes the euro, climbed as much as 0.6 percent. Gold usually trades counter to the dollar. Gold holdings in exchange-traded products expanded to a record 2412.42 metric tons on July 3, Bloomberg data show.

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