| 30.09.2008 - Gold surges on safe-haven buying, failed bailout |
| From Guardian: Gold surged as much as 4.9 percent on Monday as mounting worries over the health of the global financial sector and a rejection of a massive Wall Street bailout sparked buying of safe-haven assets such as bullion. On Tuesday, U.S. lawmakers rejected a $700 billion bailout plan for the financial industry in a shock vote that sent global markets sliding as European authorities scrambled to prop up a slew of banks. ..... Full Article: Source |