Fri, 16 Mar 2012 17:53:07 GMT
Precious metals erased losses amid weaker US Dollar on Thursday
Precious metals rallied on Thursday amid broadly lower US Dollar. More optimistic situation in the Euro zone after the IMF agreed to back up the second Greek bailout package also created a fresh stimulus for precious metals. However, recent Fed decision to maintain current monetary policies continued to weight down on the commodity group. Gold was the main driver for