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FSN: Gold Futures Aim For Highest Level in a Week
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Myra P. Saefong and Carla Mozee
Market Watch
SAN FRANCISCO (MarketWatch) — Gold futures climbed Tuesday, as losses in four of the past five sessions enticed bargain hunters and as a weaker dollar helped prices aim for their highest closing level in just over a week.
Gold for June delivery gained $16.50, or 1.1%, to $1,589 an ounce on the Comex division of the New York Mercantile Exchange.
That has it erasing Monday’s 0.2% loss and prices are set to mark their highest settlement since April 1 when they closed above $1,600.
“Looks like investors are treating the current price as a buying opportunity,” said David Beahm, executive vice president at precious-metals investment firm Blanchard & Co.
Continue Reading at MarketWatch.com…
2013-04-09 12:33:05
Source: http://silveristhenew.com/2013/04/09/gold-futures-aim-for-highest-level-in-a-week/
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