21
September
Gold Declines as Dollar Rebound From One-Year Low Curbs Demand (GoldCore Quoted)
21 September 2009 Bloomberg.com
Gold fell, cooling a rally that sent prices above $1,000 an ounce this month, as a rebound in the dollar curbed demand for precious metals as a hedge against inflation.
...
“With all the talk of ‘green shoots,’ people are beginning to worry about the long-term prospects for inflation,” said Mark O’Byrne, the managing director of broker GoldCore Ltd. in Dublin. “There’s also a worry about debasement of currencies, primarily the dollar.”
http://www.bloomberg.com/apps/news?pid=20601012&sid=aFUQJrAsDQW8
