Gold Taking Off Again
November 06, 2007
Gold On The Risen Again
Spot gold prices held above $800 an ounce in Monday mornings trading. After a light backslide of just a few dollars the worlds favorite precious metal is again on the rise having cracked $810 by the time of this posting.
Some major analysts are seeing signs that an even more substantial increase may be on it's way, with supply and demand laying a new foundation for higher prices than ever before. Increasing investor demand and several factors limiting current gold supply are at the heart of this anticipated new market structure.
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