Investors Drive Gold Rush - JB News Feeds

Strong demand from investors has helped drive gold prices higher, and some analysts say that could push gold to $900 this quarter. Gold prices dipped Friday as market participants locked in profits, but the overall upward trend remains. Nearby January gold on the Comex division of the New York Mercantile Exchange fell $3.30 Friday to end at $863.10 a troy ounce, but on the week the contract gained 2.8%.

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Posted by Posted by Jewelry News at Tuesday, January 08, 2008 8:20 AM
Categories: Comex, gold, New York Mercantile Exchange, Precious Metals
 

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