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    market news

    Dull market takes shine off gold

    Melissa Pistilli
    Nov. 10, 2008 10:32AM PST
    Market News

    Gold Investing News reports gold markets did not seem to improve despite the Democrats, President-elect Obama won the recent elections. Obama has proposed a $175 billion package. Analysts predict that gold may test $800-$805 after recent volatility, given the prospect of an improved economy. All of this may boost gold prices in the long-term, as …

    Gold Investing News reports gold markets did not seem to improve despite the Democrats, President-elect Obama won the recent elections.

    Obama has proposed a $175 billion package. Analysts predict that gold may test $800-$805 after recent volatility, given the prospect of an improved economy. All of this may boost gold prices in the long-term, as demand for the precious metal may rise on expanding industrial production.

    For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to the Resource Investing Newsletter.

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