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Commodities Briefing - Categorized | Bullion/Gold, Trends more

Which way is gold heading?

Posted on 09 December 2011

For the past decade, gold has grown ever more prominent in the investing zeitgeist. “It feels like it’s America’s pastime now,” says Stuart Rosenthal, chief executive officer of Factor Advisors, an asset-management firm in New York.
But after flirting with the $2,000-an-ounce mark this summer, the metal’s price promptly tanked this fall — at one point, dropping 9 percent in a week. The slump has left some investors in this $1.9 trillion market questioning how much gold should be in their retirement portfolios…if any………………………………………..Full Article: Source


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