27.10.2008 - Gold climbs in N.Y. as investors seek haven from falling shares

From Bloomberg: Gold climbed in New York, erasing earlier losses, as equities tumbled worldwide, boosting demand for the precious metal as a safe harbor. Silver fell. U.S. Treasuries rose as investors bought government securities amid a worldwide collapse in shares. The dollar climbed as much as 1.9 percent against a weighted basket of six major currencies before paring gains...... Full Article: Source

Print