Gold looks good, for now (Richmond Times-Dispatch)
Gold is once again living up to its rich name, though maybe not for long. The precious metal surged to more than $1,000 an ounce yesterday, driven largely by investor fears about possible inflation in the future, market observers said. “Jewelry demand is still weak, and industrial demand [for metals such as gold] is still weak. So it is really investment driven,“ said Ken Gassman, a jewelry …
Originally posted here:
Gold looks good, for now (Richmond Times-Dispatch)
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