Gold Price Spike Says it’s Not All About U.S. (Kitco.com)

Nov 5, 2009   //   by Admin   //   Scrap Gold Prices  //  Comments Off

The jump in the price of gold Tuesday to a record $1,083.30 per ounce, following the announcement of the $6.7 billion sale of 200 metric tons of gold by the International Monetary Fund (IMF) to India’s central bank, should serve as a clear indication to U.S. investors that they are no longer the center of the economic universe.

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Gold Price Spike Says it’s Not All About U.S. (Kitco.com)

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