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Shahla
Money Managing Guru
Joined: 13 Nov 2004
Posts: 3324
Cash Points ££ 126163.28
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 Posted: Fri Jan 18, 2008 3:45 am Post subject: Gold Hits New US Dollar All-time High |
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By: David_Shvartsman
Gold is making new all-time highs today, as the dollar price for spot gold rises above $890 an ounce .
Strong fund buying since the start of the new year, momentum in the key Japanese gold futures price, and the launch of a new gold contract in Shanghai helped to fuel the rise, according to Reuters.
With the recent bullish action in gold prices, I've been planning a little wrap-up of some interesting gold commentary. We hope this post will shine some interesting light on the precious metal's bull run. Let's begin.
http://www.marketoracle.co.uk/Article3321.html |
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