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Global Gold Price on the rise

December 2, 2009 @ 2:36 pm In Gold Market News

Gold price is surging to new highs. Experts feels that rising interest in commodities from investment funds in recent years has been a major factor behind bullion's historic highs.

The news release is quoted as saying:

The currency market plays a major role in setting the direction of gold, with bullion prices moving in the opposite direction to that of the U.S. dollar.

Click here to access the entire press release [1]


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[1] Click here to access the entire press release: http://www.reuters.com/article/globalMarketsNews/idUSTRE5B10QE20091202

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