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Commodities Briefing - Categorized | Commentaries, Price Watch more

Gold, other commodities up on renewed buying power

Posted on 27 March 2009

From IHT: Gold prices rose slightly Thursday, buoyed by renewed buying power on Wall Street that has taken stocks, bonds and commodities higher.

Gold prices have wavered in recent days, trading within a tight range as investors gauge the possibility of an economic recovery and square their positions in the safe-haven asset. Investors have been invigorated by a wave of optimism that has swept Wall Street in recent weeks, buying up stocks, yet not losing sight of the economy’s problems…..Full Article: Source


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