Gold Above $910
January 25, 2008
Gold Rises Further in Afternoon Trading
Gold drove above $910 in this afternoons trading, marking a new high, While Platinum broken the $1600 mark and silver rose to nearly $16.40 as of this posting.
Speculation that the Fed will again slice interest rates next Tuesday seems to be a central concern in the present investor driven push. Fund managers may be looking at the broader indicators evident in some overseas markets. Either way, the attitude that gold will reach $1000 is prevalent.
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