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Tuesday, October 12, 2010

Gold Slips Below $1,350 as US Dollar Rises

Tuesday, October 12, 2010
Gold Slips Below $1,350 as US Dollar Rises Gold fell on Tuesday as the U.S. dollar rebounded and uncertainty prevailed over what the Federal Reserve will do to support growth, while Goldman Sachs said falling U.S. rates prompted it to lift its gold price forecast.

Boris Engelberg | Stock4B | Getty Images
Spot gold [XAU=X  1346.65    -6.30  (-0.47%)   ] was last bid around $1,346

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