GOLD FUTURES HEADING HIGHER
Gold futures are moving higher for the third session in a row as a number of factors start moving in gold's favour. Recently, gold has been shunned in commodities trading to the surprise of some gold bugs.
Now, however, things are turning around -- at least for now. The U.S. dollar is showing some signs of weakness against the euro in forex trading, and there is also some demand from bargain hunters.
Bloomberg reports on another aspect of rising gold prices: investors are buying physical gold.
Tuesday, 18 November 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment