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Email this article: Gold below US$1,690 could spark fresh selling
Posted: Mon March 5, 2012 4:33 pm
INTERNATIONAL. Dollar gold prices briefly dipped back below US$1,700 an ounce Monday morning in London, as stocks, commodities and the Euro all fell before recovering some ground.
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UAE. S&P expects Abu Dhabi's government balance will worsen further based on the ratings agency's updated oil price assumptions; However, the emirate's large net asset position will continue to give it a considerable buffer to support the economy; Continued structural and institutional weaknesses anticipated.
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