Today's gain followed gold's 3% increase last week.
Smart money is moving from Treasury securities to gold. In time,the buying will spread to other commodities.
Tuesday, February 17, 2009
Gold Nears $970
Gold for February delivery rose $25.50, or 2.7%, to end at $967 an ounce on the Comex division of the New York Mercantile Exchange.
Today's gain followed gold's 3% increase last week.
Smart money is moving from Treasury securities to gold. In time,the buying will spread to other commodities.
Today's gain followed gold's 3% increase last week.
Smart money is moving from Treasury securities to gold. In time,the buying will spread to other commodities.
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