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    market news

    Gold price rebounds

    Melissa Pistilli
    Mar. 12, 2009 01:57PM PST
    Market News

    Gold Investing News reports gold price recovers as the dollar rose. Spot gold rose to $913.15/$914.15 an ounce from $906.65 late in New York on Wednesday. Canadian stocks gained too, building on their biggest rally since November, as mining companies rose with gold prices and financial stocks rallied for a second day on speculation that …

    Gold Investing News reports gold price recovers as the dollar rose.

    Spot gold rose to $913.15/$914.15 an ounce from $906.65 late in New York on Wednesday.

    Canadian stocks gained too, building on their biggest rally since November, as mining companies rose with gold prices and financial stocks rallied for a second day on speculation that the worst of the banking crisis may be over. According to a Bloomberg report, Goldcorp Inc. added 5.9 per cent as gold rebounded from the lowest level in a month.

    For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to The Resource Stock Watch.

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