Gold rose above $1000 in March but has recently re-entrenched to below $900. The strengthening of the dollar and the perceived improvement with the credit situation on Wall Street put pressure on the price on gold. Gold is normally perceived as a precious metal which outperforms when the community has a lack of confidence in mainstream investments.
Where will gold be on July 1st? Take the new survey at the top left of the blog and give your thoughts.
Wednesday, April 2, 2008
New Poll: Gold
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