Thursday, October 6, 2011

Gold on the rise again

Full Story: Yahoo News

Many heaved a sigh of relief when the gold pries started to retract from almost $ 1900 to $ 1600 an ounce recently. But there are panic signs again as the gold prices are again seeing a rising trend and finished at $1,641.60 this Wednesday. The continued strife in Europe, where finance ministers are struggling to settle on a rescue plan for debt-laden countries like Greece, is said to be one of the major factor for the temperature to heat up again.

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