Thu, 16 Dec 2010 00:00:00 +0100

Gold and Silver Drop as Dollar Rebounds

A threat by Moody's to downgrade Spanish sovereign debt sent investors flocking to the dollar which in turn sparked a sell off in gold and silver prices. Crude oil prices were resistant to the commodity selling as better than expected inventory numbers helped support prices.

Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. ForexYard

Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. ForexYard