Gold hits $1080!

Posted by John Feigenbaum at 3 November, 2009, 12:14 pm. 378 views
Categories: John Feigenbaum's Ramblings

At noon on Tuesday, November 3, gold hit a peak of $1080 on news that India’s Central Bank completed the single largest purchase of the precious metal in over 30 years. According to a Bloomberg report, other countries are likely to follow suit and build on the confidence. Where will gold go from here is anyone’s guess…but the momentum is in the upward direction for today!

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