Aug 06 2008
Gold Investments Market Update - Federal Reserve Statement Warns of Stagflation
Gold
Gold finished trading in New York yesterday at $878.90, down $20.50 and silver was down 56 cents to $16.57. Gold has recovered somewhat in Asian and early European trading and is trading at $885.20/885.70 per ounce (1200 GMT).
With commodities and oil falling again yesterday, gold continued its recent poor performance. Gold suffered technical damage yesterday [...]
