Posted AT 4:33 PM EST on 12/11/08
Gold price dips 2 per cent
NEW YORK, LONDON — Gold closed down 2 per cent Wednesday as investors shunned risky assets and as slumping commodities dampened inflation expectations.
But firm physical demand helped keep gold's price from tumbling as much as crude oil or major stock indexes, or the broad-based Reuters/Jefferies CRB commodity index which fell nearly 3 per cent.
The full text of this article has 538 words.
To continue reading this article, you will need to purchase this article.
This article is NOT available for licensing for re-use and redistribution.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
