Gold Gains Above $1,320

  •   The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Reuters
October 1, 2010

  • A d v e r t i s e m e n t
  • {openx:49}

Gold prices rallied to record highs above $1,320 an ounce on Friday as the dollar weakened further on soft U.S. manufacturing data, fueling interest in the precious metal as an alternative asset.

Spot gold [XAU=X 1317.3 12.05 (+0.92%) ] was last bid around $1,318, against $1,305.25 late in New York on Thursday.

U.S. gold futures [GCZ0 1318.3 8.7001 (+0.66%) ] for December delivery last rose toward $1,319 an ounce.

Fresh food that lasts from eFoods Direct (Ad)

Gold’s run to record highs is likely to maintain its current momentum for the rest of 2010, with a snap poll of analysts conducted by Reuters this week finding two out of three see prices above $1,350 by year-end.

Read entire article

This article was posted: Friday, October 1, 2010 at 11:08 am







Infowars.com Videos:

Comment on this article

Comments are closed.


Watch the News

FEATURED VIDEOS
BLM & Harry Reid's War on Ranchers See the rest on the Alex Jones YouTube channel.

Green Police: The New Tyranny See the rest on the Alex Jones YouTube channel.

© 2013 Infowars.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.