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Gold on a new all time high above $1,120/oz

Thu, Nov 12, 2009

Gold Market News

On Thursday, Gold was above $1,120 per ounce, a record high for the second straight day. It was a new record for gold however, the dollar remained weak.

The news article is quoted as saying:

Improvements in the economic outlook also lent support to the precious metal. Gold is often seen as a hedge against energy price-led inflation.

Click here to access the entire press release

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Asides
  • For upcoming gold investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo

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  • The Gold Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.

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  • GoldInvestingNews.com maintains a focus on Gold exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.

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  • ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry.  Also, check for profiles of companies doing great things to improve mining best practices.

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