Strong Dollar Rally Causes Gold Prices to Tumble
August 18, 2008 at 11:30 AM EDT
Gold prices tumbled below $800 per ounce for the first time since late 2007 Friday, as the continuing U.S. dollar rally sparked an across-the-board retreat in commodity prices. Gold closed Friday at $792 an ounce, a decline of $22.40, or 2.75%.…