10
May
Gold inches lower after oil margin hike; Greece aids
10 May 2011 Reuters
Gold prices softened slightly on Tuesday as sentiment was dampened by a margin hike in U.S. crude futures, but worries about Greece's debt crisis are expected to limit the downside. The oil margin hike came on the heels of consecutive margin increases on the COMEX silver futures in the past two weeks, which knocked silver prices down more than 25 percent last week and triggered a broad sell-off in commodities.
http://www.reuters.com/article/2011/05/10/markets-precious-idUSL3E7GA00T20110510
