1. And as high prices spark greater production, they also cool demand, easing the pressure further. 2. A drop in the U.S. dollar cooled demand for bonds, traders said. 3. A rise in the U.S. currency can cool demand for dollar-priced gold which becomes more expensive for investors using other currencies to buy. 4. By slowing economic growth, higher rates can lower the threat of rising inflation, cooling demand for gold as a hedge against inflation. 5. Copper fell to its lowest price for almost a year as concerns increased that a slowing Asian economy will cool demand for metal. 6. Higher interest rates can cool demand for gold by attracting investors to other assets. 7. Poor weather cooled demand in some areas, but the results show renewed strength for the car market. 8. Poor weather kept customers out of showrooms, cooling demand in what is typically a modest month for car and truck sales, analysts said. 9. Still, a strong U.S. currency makes dollar-priced precious metals more expensive for investors using other foreign currencies to buy, which cools demand. 10. Still, inflation prospects appear muted, cooling investor demand. |