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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Has gold had its time in the sun?

Posted on 02 April 2013

Gold has had a spectacular run since the onset of the global financial crisis. From about $US750 an ounce in 2008 it reached $US1900 in September 2011. But since then the gold price has been trading in a range between $US1550 and $US1800. Each time there’s a wobble in Europe, investors head for the haven of gold and its price moves towards the upper end of this trading range.
That is just what has happened over the past couple of weeks with the financial woes besetting Cyprus………………………………………..Full Article: Source


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VRS - who has written 41730 posts on Opalesque Commodities Briefing.


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