Gold Falls in London as Dollar Strengthens, Crude Oil Declines (Bloomberg)
Dec. 1 (Bloomberg) -- Gold fell for the first time in three trading sessions in London as the dollar strengthened and crude oil declined, diminishing the appeal of the metal as a hedge against weakness in the U.S. currency. Platinum also plunged.
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Gold Falls in London as Dollar Strengthens, Crude Oil Declines (Bloomberg)
Dec. 1 (Bloomberg) -- Gold fell for the first time in three trading sessions in London as the dollar strengthened and crude oil declined, diminishing the appeal of the metal as a hedge against weakness in the U.S. currency.
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Platinum slides 7% on soft auto data (The Globe and Mail)
LONDON — Platinum tumbled 7 per cent in Europe on Monday as weak Japanese auto sales data further emphasized poor demand from carmakers, while gold came under pressure from a firmer dollar and falling oil prices.
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Crude Oil Falls on Signs of Further Contraction in U.S. Economy (Bloomberg)
Dec. 2 (Bloomberg) -- Crude oil fell to the lowest in more than three years in New York on signs that the economy in the U.S., the world's largest energy consumer, is in a more severe economic slowdown than expected.
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