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 Pan American Metals of Miami Reports Gold Sliding Slightly on Rising Dollar- Pan American Metals of Miami Reports Gold Sliding Slightly on Rising Dollar
- October 14, 2011
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Gold slides slightly on profit taking and rising dollar.
MIAMI, FL - Gold slipped slightly today, October 13, following some profit taking and a rising dollar. We should expect a certain amount of volatility as changing news, or even people's perceptions of changing news, affects the market. Gold tends to move inversely to the dollar; a low dollar makes gold more affordable in other currencies and vice versa. The dollar can swing on the slightest hint of any issue; with a solution to the continuing crisis in Europe looking hopeful one minute and less ...
- View more at: http://www.1888pressrelease.com/pan-american-metals-of-miami-reports-gold-sliding-slightly-o-pr-342386.html
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