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Gold Rallies on Economic Uncertainty
Steve Patterson (February 20th, 2009) Writes:
SPDR Gold Shares (GLD) rallied to a three month high today on fear the economy will get worse before it gets better. The ETF which strives to stay inline with the price of Gold Bullion moved from $73.45 a share to an intra-day high of $98.99 share over the past three months as investors seek security.
The Dow Jones Industrial
The Dow Jones Industrial fell to a 6 Year low on continued bank …
Tags for this Post:
Bank Of America, Citigroup, continued bank weakness;, Dow 30, Gold Markets, Market Commentary, United States, USD, wells fargo
Bank Of America, Citigroup, continued bank weakness;, Dow 30, Gold Markets, Market Commentary, United States, USD, wells fargo
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