Dull market takes shine off gold
Mon, Nov 10, 2008
Gold Investing News reports gold markets did not seem to improve despite the Democrats, President-elect Obama won the recent elections.
Obama has proposed a $175 billion package. Analysts predict that gold may test $800-$805 after recent volatility, given the prospect of an improved economy. All of this may boost gold prices in the long-term, as demand for the precious metal may rise on expanding industrial production.
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November 10th, 2008 at 11:59 am
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