Kumaresan Selvaraj pillai


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Saturday, December 29, 2012

Commodity Blog

Commodity Blog


Gold’s Longest Row of Weekly Drops

Posted: 28 Dec 2012 07:26 PM PST

Gold fell yesterday as the dollar strengthened amid fears of the fiscal cliff in the United States. The precious metal fell 0.3 percent over the week, posting the fifth weekly decline. That was the longest stretch of declines since January 2010. Gold has been up 5.7 percent over the year still. Economists believe that the metal may rally next week, bouncing after the huge drop. It is still possible [...]

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