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    gold investing

    Gold Edges Up On High Oil Prices, Euro Strength

    Investing News Network
    Apr. 04, 2011 06:53AM PST
    Precious Metals

    Reuters Africa reported that rising oil prices are also pushing up gold.

    Reuters Africa reported that rising oil prices are also pushing up gold.

    The market news is quoted as saying:

    Upbeat U.S. employment data last Friday, indicating that the global economy was likely on a firm footing, shaved some lustre off gold’s demand, but the ongoing Middle East crisis continued to support the precious metal’s safe-haven appeal.

    To read the full market news, click here.

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