Replies to post #22554 on Sustainable Green Team Ltd. (SGTM)

[soyburger]

Gold falls on economic optimism, stronger dollar
Dec. 21, 2009, 1:58 p.m. EST ·

NEW YORK (MarketWatch) -- Gold futures fell Monday to end below $1,100 an ounce for the first session in more than six weeks, on expectations that key U.S. economic data due this week might bring closer an eventual interest-rate hike, curbing inflation expectations and reducing gold's investment appeal. Meanwhile, the dollar strengthened against most of its major rivals, weighing on dollar-denominated gold prices. Gold for December delivery fell $15.40, or 1.4%, to end at $1,095.40 an ounce on the Comex division of the New York Mercantile Exchange, ending below the $1,100 level for the first time since Nov. 6.


http://www.marketwatch.com/story/gold-falls-on-economic-optimism-stronger-dollar-2009-12-21