Weak dollar, costly oil buoy NY gold to 3-1/2-week high

Newswire

NEW YORK, Sept 23 (Reuters) - COMEX gold rose to a 3-1/2-week high Thursday Thursday, buoyed by a weaker dollar and inflation worries on the surge in oil prices toward recent all-time highs. Even as speculation mounted that the detrimental rise in energy costs will lead to Federal Reserve restraint in tightening monetary policy further, this week's rise in crude prices above $48 a barrel has kept the specter of inflation, and interest in gold as a hedge, alive. At 9:14 a.m. EDT (1314 ...

Premium Content (PAID Subscription Required)

"Weak dollar, costly oil buoy NY gold to 3-1/2-week high" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×