Gold Declines As The Dollar Gains Strength

Gold fell to the lowest levels in 6 1/2 weeks as news that increased home sales boosted the U.S dollar. The stronger dollar pressured metal prices overall into a decline, however the drop was stalled due to bargain hunters. Volume is expected to be mild for the duration of the holiday trading week

On the New York Mercantile Exchange’s Comex division gold for December delivery fell $20.10, or 1.8%. (To read more)

Gold Coin Dropped in Salvation Army Kettle

It was a great day at the Summit Ohio Salvation Army Thursday when someone dropped a gold coin valued at near $1200 into the collection kettle. Salvation Army spokeswoman Olivia Wakeling for Summit County said, ” It’s so exciting!”

Anonymous donors have been dropping gold coins into Salvation Army donation buckets since the 1980’s. However donations like this are well received with the down economy creating a greater need for charitible donations.

There have been other valuable coins donated over the past year in states such as Illinois, Pennsylvania, Tennessee, Indiana, Connecticut, and Washington. (Read the whole story)