UFXMarkets Daily Gold & Forex Trading News - 28-December-2011

The dollar weakened slightly versus most major currencies after CB Consumer Confidence came out stronger than expected, raising demand for higher yielding assets. The NASDAQ gained by 0.25% and the Dow declined by -0.02%. Crude oil gained by 1.60% to close at a 6-week record high of $101.25 a barrel following Iranian threats to shutdown oil production and exports. Gold fell to close at $1,592.80...