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    gold investing

    Gold hits two-week high over $1,400 as USD sinks

    Written by Investing News Network
    |
    Dec. 28, 2010 10:07AM PST

    Reuters reports that Gold prices jumped nearly 1.5 percent on Tuesday.

    Reuters reports that Gold prices jumped nearly 1.5 percent on Tuesday.

    The market news is quoted as saying:

    After several weeks of trendless trade, gold staged its biggest one-day gain since December 3 as many investors bet that economic uncertainty and currency diversity would fuel more demand from investors and banks. Prices are on track to rise 28 percent this year, a record 10th consecutive annual gain.

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