"Gold had gained 2% from Friday through Wednesday's record settlement of $1,437.70 as tumult in the Middle East and North Africa boosted the metal as a so-called safe-haven investment. A surge in oil prices on the news also helped lift gold as an inflation hedge."-WSJ.com
"the dip in gold prices may provide opportunities for bargain hunters, said Haberkorn, who expects prices will resume their uptrend."- WSJ.com
"PRECIOUS METALS: Gold Pulls Back From Record As Haven Need Wanes - WSJ.com." Business News & Financial News - The Wall Street Journal - Wsj.com. Web. 03 Mar. 2011. <http://online.wsj.com/article/BT-CO-20110303-709905.html>. This was a very informative article about how the value of gold has gone down somewhat. Due to the economy and current affairs, the cost has gone down which means that this is the perfect time to buy gold. I found the article was very easy to read as someone who does not know much about the gold business or economics.
No comments:
Post a Comment