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Gold Slips on Firmer Dollar

October 19, 2009 4:58 pm by Anton Eljwizat

Gold steadied around $1,055 an ounce on Monday after falling more than $10 last week, as the dollar pared recent losses, prompting the precious metal to consolidate from record highs hit earlier last week.

Gold Currently Overvalued

October 13, 2009 12:20 pm by Anton Eljwizat

Gold climbed to a record high at $1,063 on Tuesday as a weakening dollar boosted demand for the commodity as an alternative investment.