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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Gold price kicks off 2014 with a bang

Posted on 03 January 2014

The gold price surged more than 2% to a two-week high on Thursday, attempting a comeback on the first day of trading in 2014 after last year’s dismal performance. On the Comex division of the New York Mercantile Exchange gold for February delivery added $28 an ounce to $1,230.80 in early afternoon trade.
Gold was boosted by a weaker dollar, bargain hunting, investor rotation out of US stocks which after a record setting 2013 suffered a triple digit loss on Thursday………………………………………..Full Article: Source


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