| From Commodityonline.com: Gold is on fire. Bullion traders, central banks and speculators are excited. India’s central bank, the Reserve Bank of India, that purchased 200 tonnes of gold for $1045 per ounce from the International Monetary Fund (IMF) has reaped a profit of more than $800 million in one month! Huge money that a central bank can make in just one month, indeed!
All these have catapulted gold to a record high of $1180 per ounce. And bullion traders and analysts are predicting that gold will zoom to $1200 by Friday.................................Full Article: Source
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