Tag Archive | "unemployment rate"

Gold falls as dollar strengthens; silver drops to one-year low

Friday, September 5, 2008

Bloomberg.com reports silver fell to its lowest in a year while gold fell as the dollar strengthened. The dollar gained against the euro even as reports showed the U.S. unemployment rate rose to a five-year high last month and foreclosures in the second quarter accelerated to the fastest pace in three decades. Gold has declined [...]

Signs of a Weakening U.S. Economy

Saturday, August 2, 2008

By Melissa Pistilli – Exclusive to Silverinvestingnews.com Silver rose slightly on Thursday to $17.79/oz as the dollar fell marginally against other major currencies. Later in the day though, the dollar got a boost as crude oil prices dropped amidst concerns that a weak economy might spell future decreases in demand. Although the latest batch of data concerning the health of [...]

Silver Price Chart
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