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Commodities Briefing - Categorized | Bullion/Gold, Investment more

Advisers try to tame investors’ appetite for gold

Posted on 25 October 2010

From WSJ: As individual investors hop on the gold bandwagon, financial advisers are finding themselves in an all-too-familiar role: that of mom and dad slapping hands away from the cookie jar. The precious metal has enjoyed a long run-up, gaining about 25% in the past year and consistently making headlines with records pushing ever higher.
Also fueling the buying binge is a number of big-name investors like Paulson & Co.’s John Paulson. Gold prices stood at $1,324.40 a troy ounce Friday……………………………………….Full Article: Source


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