Friday, October 17, 2008

Down she goes

Gold slid down across all markets to close at $804.50 an ounce on the New York Mercantile Exchange after earlier falling to $786.70

LBMA - $802.50 - $811.66 and going up
The mixed news helped keep gold volatile. Unemployment up. Spending down. Libor still high, but is inching down. Oil prices are plumeting as well as gasoline.

And add UBS and Credit Suisse to the bail out list.


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