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Gold Futures on the Rise Following Hostilities in Korea
Nov. 23, 2010 10:52AM PST
Long TailBy Vivien Diniz – Exclusive to Resource Investing News The price of gold futures climbed on Tuesday following an exchange of artillery fire between North and South Korea on a small South Korean island. The hostilities have moved investors to seek safety in the precious metal. Gold futures have been on the rise with investors anticipating the …
By Vivien Diniz – Exclusive to Resource Investing News
Gold futures have been on the rise with investors anticipating the Ireland bailout package. For December delivery, gold has risen $16.40 or 1.2 percent to reach $1,374.40 per ounce on the COMEX . However, for now, the latest focus and worry for investors is the Korean conflict.
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