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

Will gold plunge below $900 this week?

Posted on 05 March 2009

From Commodityonline.com: A further tempering of investment demand brought gold prices closer to the lower end of their overnight trading range and the metal appeared poised to test $900 once again, as a result. At least for today, such a test may have to wait.

A global rally in equity markets turned would-be gold buyers into actual stock buyers following China’s unveiling of another Great Wall (of Money) intended to stem the slippage in its economy….. Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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