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    gold-investing

    Gold Climbs for Third Straight Day

    Investing News Network
    Jul. 02, 2013 06:43AM PST
    Precious Metals Investing

    Reuters reported that gold continued to climb for the third day in a row, as investors re-emerged, thinking that last week’s slide was overdone.

    Reuters reported that gold continued to climb for the third day in a row, as investors re-emerged, thinking that last week’s slide was overdone.

    As quoted in the market report:

    Traders were forced to cover their short positions and buy back metal they had agreed to sell at a future date after gold logged its biggest three-month loss since at least 1968, according to Reuters data.

    To view the whole Reuters report, click here.

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