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Dollar down on lower Wall St
NEW YORK, April 17 (Chron) -NEW YORK — Gold prices fell Friday,
pressured by a strengthening dollar and more buying on Wall Street.
Other commodities, like energy and grain futures, were mostly higher.
Increasing optimism on Wall Street that the economy is on the mend
has sapped demand for gold in recent weeks.
pressured by a strengthening dollar and more buying on Wall Street.
Other commodities, like energy and grain futures, were mostly higher.
Increasing optimism on Wall Street that the economy is on the mend
has sapped demand for gold in recent weeks.
Gold prices tumble further as demand
wanes
wanes
April 16 (The Australian) THE dollar has started firmer today, lifted higher
as risk sentiment improved on Wall Street.
At 7am AEST, the dollar was trading at $US0.7286/92, up 1.56 per cent
from yesterday's close of $US0.7175/78.
During the offshore session, the unit traded between $US0.7147 and
$US0.7295.
as risk sentiment improved on Wall Street.
At 7am AEST, the dollar was trading at $US0.7286/92, up 1.56 per cent
from yesterday's close of $US0.7175/78.
During the offshore session, the unit traded between $US0.7147 and
$US0.7295.
Wall Street rallied late
in the New York
session as investors
bought shares in
companies that could
benefit in a rebound in
the US economy.
Shares in consumer
goods producer,
Procter and Gamble,
rose 3.2 per cent after
raising its dividend by
10 per cent. ..MORE
in the New York
session as investors
bought shares in
companies that could
benefit in a rebound in
the US economy.
Shares in consumer
goods producer,
Procter and Gamble,
rose 3.2 per cent after
raising its dividend by
10 per cent. ..MORE
On Friday, stocks fluctuated
throughout much of the day,
but pushed moderately
higher by the close as
investors found some more
encouraging news in
better-than-expected profit
reports from Citigroup Inc.
and General Electric
Co......More.
throughout much of the day,
but pushed moderately
higher by the close as
investors found some more
encouraging news in
better-than-expected profit
reports from Citigroup Inc.
and General Electric
Co......More.
