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Excerpt from:  GFT Analysts in the News
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July 24, 2008

Gold Futures Struggle in Commodities Trading

Gold prices dip along with other commodities
Gold futures are struggling right now in commodities trading. Gold prices are slipping as the news from Europe shows a slowing economy, and the euro drops against the US dollar in forex trading.

Additionally, gold prices are following a general trend in commodities trading, especially as oil prices move a little bit lower. Gold is linked especially to oil prices, as both tend to move inversely to the US dollar.
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Topic Tags:  commodities, euro forex trading, forex trading, futures trading, gold futures, gold prices, oil prices, spread bets gold prices, spread betting commodities, US dollar
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