Tuesday, 09 February 2010




NEW YORK -- Metals prices rose sharply Monday following fresh signs of strength in the manufacturing sector. Gold and other commodities also got a lift from the weaker dollar Monday. April gold rose $21.20 to settle at $1,105 an ounce as the ICE Futures US dollar index, a broad measure of the dollar against six other currencies, fell 0.3 percent. Gold also is getting a boost from a seasonal increase in demand, said Jeffrey Nichols, a senior economic adviser for retail precious metals dealer...
Full Story: The News & Observer



 

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