16
September
Gold Prices Pause as Buying Cools (GoldCore in The Street)
16 September 2010 The Street
Gold prices meandered lower Wednesday with trading cooling off after the metal set new record highs in the previous session.
...
"The dollar ... is looking vulnerable technically," says Mark O'Byrne, executive director of GoldCore. "Continuing dollar weakness is likely as the Obama administration is forecasting this year's deficit will hit a record $1.47 trillion and $1.41 trillion next year."
