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What's up with gold today?

By: Decomposed in ROUND | Recommend this post (0)
Mon, 01 Oct 12 6:54 PM | 58 view(s)
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Oct. 1, 2012, 9:52 a.m. EDT

Gold rises on optimism about manufacturing
Metal extends gains ahead of U.S. ISM data

By Claudia Assis and Sara Sjolin, MarketWatch

SAN FRANCISCO (MarketWatch) — Gold futures turned higher Monday, getting a boost from expectations of relatively positive U.S. manufacturing data and as concerns about the euro zone lingered following a manufacturing report that pointed to a 14th month of contraction.

Gold had traded lower during most of the Asian and European trading hours on Monday, as weak data out of Japan and China weighed on sentiment.


More: http://www.marketwatch.com/story/gold-inches-lower-after-weak-asia-data-2012-10-01




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months




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