| 29.12.2008 - Gold may rise for fourth week as investors seek store of value |
| From Bloomberg: Gold may rise for the fourth straight week on speculation the recession will deepen in 2009, boosting the appeal of the precious metal as a store of value. Eighteen of 25 traders, investors and analysts surveyed from Mumbai to Chicago from Dec. 24 through Dec. 26 advised buying gold, which rose 4 percent last week to $871.20 an ounce in New York. Four said to sell, and three were neutral..... Full Article: Source |