| From Forbes: The average price of gold jumped 25 percent to $871.90 an ounce in the fourth quarter of last year on safe-haven buying as an global economic crisis deepened and as stocks and other commodities fell sharply, the World Gold Council said Tuesday.
Investment demand for bullion remained strong in the fourth quarter, with 96 tonnes of gold bought in terms of gold-backed exchange-traded funds, compared with a record 145 tonnes in the third quarter, industry-sponsored World Gold Council (WGC) said in its quarterly investment report..... Full Article: Source
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