Gold hits four-month high
Those of you who read my recent article will not be surprised by this post's heading.
Gold futures surged over $6 to a four-month high of $416.80 per ounce Friday on heavy speculative buying spurred by concerns about global economic stability.
Gold's bias has been rising in recent days as high oil prices are seen posing a threat to global economic growth and the commencement of the Olympic Games in Greece raises terrorism concerns.
Those of you who read my recent article will not be surprised by this post's heading.
Gold futures surged over $6 to a four-month high of $416.80 per ounce Friday on heavy speculative buying spurred by concerns about global economic stability.
Gold's bias has been rising in recent days as high oil prices are seen posing a threat to global economic growth and the commencement of the Olympic Games in Greece raises terrorism concerns.