Archive for November 7th, 2008

Nov 07 2008

Gold Investments Market Update - Equities and Commodities Tumble - Gold Decoupling?

Published by Mark O'Byrne under Market Updates

Gold continues to consolidate between $700/oz and $760/oz and looks set to rechallenge $800/oz in the coming days as safe haven buying reemerges on continuing concerns regarding the global financial system and economy.
Gold was down marginally yesterday (some 1%). It surged after the Bank of England’s massive interest rate cut of 150 bps but more [...]

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