Japanese GDP and industrial production

Another Tumble in the Price of Gold

May 16, 2013

Commodities continue to lose favor.  Gold dropped 1.7% overnight to $1372.70 per ounce.  Oil fell by 0.9% to $93.43 per barrel. The commodity-sensitive currencies of Australia and New Zealand lost 0.9% and 1.0% against the U.S. currency overnight, which also advanced by 0.3% against the yen and loonie, 0.2% versus the euro, Swissie and sterling […] More

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