20
October
Gold edges higher as dollar weakens against euro (GoldCore quoted)
20 October 2009 MarketWatch
Gold futures rose on Monday, aided by expectations that U.S. interest rates will stay ultra low for the foreseeable future and keep the dollar under pressure.
...
Gold rose "with oil reaching a new high for the year above $79 a barrel, and the Federal Reserve signaling interest rates will stay near record lows for the foreseeable future, the beleaguered greenback fell to a 14-month low on the dollar index," said analysts at GoldCore in a note.
http://www.marketwatch.com/story/gold-edges-high-as-dollar-weakens-vs-euro-2009-10-19
