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Gold Traders More Bullish as Debt Crisis, U.S. Economy Spur Bets on Gains
Nov. 04, 2011 09:06AM PST
Precious MetalsBloomberg reported that gold traders are taking a bullish view on gold investing.
Bloomberg reported that gold traders are taking a bullish view on gold investing.
As quoted in the market news:
Twenty-eight of 32 people surveyed by Bloomberg expect bullion to rise on the Comex in New York next week, the most since Oct. 14 and the second increase in a row. Money managers boosted their combined net-long position in New York gold by 8.7 percent in the week to Oct. 25, U.S. government data show.
