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January 07, 2006
Gold prices top $540 in afternoon dealings Friday, January 6, 2006 5:27:04 PM http://www.afxpress.com
SAN FRANCISCO (AFX) -- February gold climbed as high as $540.10 an ounce in New York and was last at $539.80, up $12. Prices are nearing the $543 high from Dec. 12, which was the highest intraday level since April 1981. "Disappointing U.S. employment numbers spooked the dollar, an in turn boosting gold prices on its traditonal inverse relationship," said Matthew Parry, an economist at
Posted by Sean at January 7, 2006 02:20 PM
