A late morning $20 bounce put a smile on every gold bug’s face, and by mid-day the precious metal had shot above $1240 an ounce, hitting a high of $1246.20 late in the day. Prices backed off a bit to close at $1241.30 an ounce on the COMEX.
By Kishori Krishnan Exclusive To Gold Investing News The number one issue among gold advocates and proponents today is trying to ascertain the future for gold in 2009 and indeed into 2010. The price of the yellow metal has been on the upswing. After breaking the $940 mark, gold is expected to rise to as [...]
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