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    gold investing

    Gold hits 4-week high on cloudy outlook

    Investing News Network
    Aug. 13, 2010 10:25AM PST
    Precious Metals

    On Friday, Gold touched a four-week high, extending gains from the previous day as investors bought the precious metal and shied away from riskier assets on concern about the health of the global economy.

    On Friday, Gold touched a four-week high, extending gains from the previous day as investors bought the precious metal and shied away from riskier assets on concern about the health of the global economy.

    The press release is quoted as saying:

    Spot gold stood at $1215.10 an ounce by 12:46 a.m. EDT, up $3.90 on the day, after earlier touching $1215.85 an ounce, its highest since July 15.

    Click here to access the entire press release

    gold investing
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