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    gold-investing

    Gold Prices Up As Dollar Weakens

    Investing News Network
    Feb. 13, 2012 09:26AM PST
    Precious Metals Investing

    Bloomberg reported that gold prices increased as traders looked for an investment haven to counter a weaker dollar.

    Bloomberg reported that gold prices increased as traders looked for an investment haven to counter a weaker dollar.

    As quoted in the market news:

    Gold for April delivery advanced 0.5 percent to $1,733.50 an ounce by 7:59 a.m. on the Comex in New York. Prices fell 0.9 percent last week. Bullion for immediate delivery was 0.5 percent higher at $1,731.23 in London.

    Click here to read the full Bloomberg report.

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