franc_dollar_chocolateZurich, Switzerland (GenevaLunch) – The US dollar continued its slide in world currency markets, pushing the price of gold higher. It reached near parity with the Swiss franc, at 1.0048, in trading Monday 16 November, and was virtually at 1.50 euros: 1.4960. Gold rose to $1,132.95 although it later slipped slightly.

Links to other sites: Bloomberg, Financial Times

Posted by Ellen Wallace on 16 November 2009 at 17:48 | permalink
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News story, GenevaLunch, 16 November 2009.

Filed under: Business

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