- Infowars - http://www.infowars.com -

Gold’s 10 percent gain in 2011 extends run to 11th year

Posted By aaron On December 31, 2011 @ 10:30 am In Economic Crisis,Old Infowars Posts Style | Comments Disabled

Frank Tang
December 31, 2011

(Reuters) – Gold rose 1 percent on Friday, rebounding from losses earlier this week that sent the market briefly into bear territory, and the metal sealed its 11th consecutive year of gains.

Bullion posted a gain of 10 percent for 2011, its smallest annual rise in three years. It remains down 18 percent from a record $1,920.30 set in September, and finished the fourth quarter with its first quarterly loss in more than three years.

Analysts said a rebound rally is possible in the near term but gold is far from retesting all-time highs.

Read full article

Article printed from Infowars: http://www.infowars.com

URL to article: http://www.infowars.com/golds-10-percent-gain-in-2011-extends-run-to-11th-year/

Copyright © 2015 Infowars. All rights reserved.