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 Thursday, January 24, 2008
Gold Above $910
Posted by tom

TM-NEWS.gif Gold Rises Further in Afternoon Trading

Gold drove above $910 in this afternoons trading, marking a new high, While Platinum broken the $1600 mark and silver rose to nearly $16.40 as of this posting.

Speculation that the Fed will again slice interest rates next Tuesday seems to be a central concern in the present investor driven push. Fund managers may be looking at the broader indicators evident in some overseas markets. Either way, the attitude that gold will reach $1000 is prevalent.

 


News You Can Use
1/24/2008 3:35:59 PM (Eastern Standard Time, UTC-05:00)  #  Comments [0]