currencies

Economy

Signs of a Weak US Economy: Gold Screams, Dollar Falls, Euro to the Mainstream?

by Joshua Dorkin | September 29, 2007

On Friday, Gold hit a 27 year high as investors around the world ran to safety from the plummeting US dollar. Hitting $752.80 an ounce, Gold is at levels we haven’t seen since January of 1980. Additionally, the dollar index, which measures the greenback against six major currencies, fell 0.8 per cent to a record [...]

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