USD Lower, Gold Higher!
Posted on November 24th, 2006 by MoverMike
Marketwatch is reporting
U.S. stocks opened sharply lower Friday, as investors returned from the Thanksgiving holiday to a steep dollar decline that pushed the euro to its highest level in a year and a half and the British pound to an almost two-year high.
Gold is up $9.90 to $638.50 and the USD is challenging the low set back in May when Gold hit $725.
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