Articles Tagged "weak US Dollar"

Dollar Woes & Gold Highs

By Kishori Krishnan Exclusive To Gold Investing News The price of gold has touched an all-time high for a third consecutive day – after a continued decline in the dollar kept it attractive to investors. Gold reached $1,058 an ounce on Thursday, powering past Wednesday’s high of $1,048.4. On Tuesday, it passed the $1,033.9 an [...]

Gold rallies to one-month high as dollar falls

MarketWatch reports gold prices gained a month high with the weak US dollar. Gold for August delivery rose $29.70 to $912 an ounce on the New York Mercantile Exchange. Mark O’Byrne, executive director of Gold and Silver Investments Ltd., wrote: “There is the risk that while the Federal Reserve has to an extent ‘talked the talk’ [...]