Saturday, 18 May 2013

Wall Street Journal: Gold's Selloff Deepens as U.S. Picture Improves

Gold fell for the seventh straight trading day Friday, notching its longest losing streak since the financial crisis as the metal approached a fresh low.

Fueling the latest leg of gold's selloff—which has sent prices of the precious metal down 7.4%, or more than $100—were U.S. indicators that pointed to an improving economy.

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1 comment:

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