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Commodities Briefing - Categorized | Bullion/Gold, Commentaries, Commodity Crisis, Market Pulse more

Stimulus fallout hits most markets, lifts gold

Posted on 11 February 2009

From Forbes.com: Prices of oil, copper and key commodities other than gold fell Tuesday as investors showed dismay at the U.S. government’s enlarged economic bailout plan, which many thought was inadequate.

But gold rose, closing above the key bullish level of $900 an ounce as investors bought the precious metal as a safe haven in a time of distress….. Full Article: Source


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VRS - who has written 39496 posts on Opalesque Commodities Briefing.


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