Gold Prices Hit 4-Week Dollar High as Stocks Fall from ‘Irrational Exuberance’

GOLD PRICES jumped to 4-week highs against a weakening US Dollar in London trade Wednesday lunchtime, reaching $1288 per ounce as world stock markets followed Wall Street lower for the 5th session running.   New data today showed US inflation holding at the Federal Reserve’s 2.0% annual target in October, while retail sales rose 4.6% […]