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Banking on gold

Posted on 27 November 2008

From Globalpensions.com: Gold reached its highest price ever in March this year when it hit US$1,000 an ounce. Though it has since fallen back from those giddy heights, it was still trading at around US$740 an ounce in mid-November.

And while gloom and uncertainty look likely to dominate the outlook at least for the foreseeable future, the glittering allure of gold looks likely to get stronger….. Full Article: Source


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VRS - who has written 39000 posts on Opalesque Commodities Briefing.


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