22.12.2010 - China: rampant gold demand in a market that's going places bodes well for 2011
From Mineweb.co.za: Gold's peak fix in 2010 to date was $1,426.00 on 7th December and the intra day high was just over $1,430 that day as the metal benefited from continued safe haven buying and short covering. While the markets were still eyeing the state of play in the Eurozone, the US financial system remains a key driver, and Fed Chairman Bernanke's hint at the possibility of yet more bond purchases fanned the flames in the market as gold pushed through $1,400 en route to its high, aided by the release of poor employment numbers..............................................Full Article: Source
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