Tuesday, June 30, 2009

Gold falls after home price data, heading for 4% monthly loss

NEW YORK (MarketWatch) - Gold futures fell Tuesday as the U.S. dollar strengthened after the release of home prices data, reducing gold's appeal as an investment appeal.

The yellow metal is heading for a monthly loss of more than 4% on a stronger dollar and reduced inflation worries. The loss in June came after gold's 10% rally in May, the biggest monthly gain in six months.

Baca Seterusnya ...

No comments:

Post a Comment

Related Posts with Thumbnails