UFXMarkets -Daily Gold & Forex Trading News-07-December-2011
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- For more Forex news & info, please visit http://ufx.co/UFXM-youtube... The US Dollar traded mixed versus most of the major currencies and erased gains from the beginning of the day as stocks in Wall Street struggled to close on the positive side. The Dow Jones rose by 0.43% and the NASDAQ declined by 0.23%. Crude Oil slightly gained by 0.3% and closed at $101.20 a barrel. Gold was pushed to the $1700 area earlier, but investors saw an opportunity to buy it low and it quickly recovered to close at $1730 an ounce.
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