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    Gold Futures on the Rise Following Hostilities in Korea

    Vivien Diniz
    Nov. 23, 2010 10:52AM PST
    Long Tail

    By 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

    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 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.

    Read more on the conflict here.

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