March, 2010
LiveWire Economics Blog - March 30, 2010 14:25
Gold pendulum swings the price back over $1,100
Gold prices have bandied about quite a bit in the last two months while maintaining a relatively modest range of less than $90. The high point for gold in the last 60 days was $1,139.60 per ounce at the start of March and the low point was $1,052.25 in early February.
Oil hits highs and pulls back.
Crude oil prices cruised to their highest level of 2010 Wednesday (March 10) morning, before quickly reversing, as speculators consider new data on the level of crude supplies released by the Energy Information Administration.
Pound down against dollar, Euro in trouble
The British Pound has dipped below $1.52, currently (February 26) trading at below $1.5. This is the lowest level for the British currency against the dollar since mid-May 2009.
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