Jan 30
The dollar has grown stronger to start this week, gaining ground against most major currencies and commodities, the Japanese yen, being the prominent exception.
The gold price spot rate is at $1,091, after a Tuesday New York Mercantile Exchange close just below $1,100. The gold rate is well below its all time high of $1,218.25 near the end of 2009.
Oil prices actually climbed a bit Wednesday morning to $75 after a Tuesday New York settle price of $74.71. Investors are waiting for the latest report on US inventory levels. …
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