Gold price set to retest $910 an ounce

- May 5th, 2009

Gold Investing News reports gold price rises in three sessions recently. The tests may signal whether 19 top financial firms need more capital to withstand economic disruptions. The Federal Reserve plans to make the data public on May 7, the same day as a possible interest-rate move by the European Central Bank. Some investors buy … Continued

Gold Investing News reports gold price rises in three sessions recently.

The tests may signal whether 19 top financial firms need more capital to withstand economic disruptions. The Federal Reserve plans to make the data public on May 7, the same day as a possible interest-rate move by the European Central Bank. Some investors buy precious metals as a haven from economic turmoil. The dollar slid as much as 1.2 per cent against the euro.

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