Gold Traders More Bullish as Debt Crisis, U.S. Economy Spur Bets on Gains

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.

Click here to read the full Bloomberg report.