US gold rises on economic optimism

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Wed, Feb 10, 2010
Gold Market News
Post by Melissa Pistilli, Gold Senior Reporter

On Tuesday, U.S. gold futures rose for a second day as economic optimism and news that China’s biggest sovereign wealth fund held a stake in the metal boosted bullion investor sentiment.

The press release is quoted as saying:

Sentiment bullish after China Investment Corp disclosed it invested in gold ETFs and gold mining shares.

Click here to access the entire press release

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