Metals prices head south

June Gold hit the skids today as the US Dollar was finally able to rally versus the major pairs. The June Gold contract lost $6.20 to close at $677.30 per ounce off a dealing range of $679.40 to $674.70, high to low. Metals typically rally when the Dollar declines, as metals priced in Dollars become cheaper to foreigners with the increased value of their native currency versus the Greenback. Read More.....