The Gold market reached heights unseen for almost thirty years today. The Gold fix market seemed stuck at around the $724 mark at one point but the weaker dollar gave the precious metal the push it needed to reach above $730 per ounce.

The current bull market in gold has been supported by the unseen before low of the Dollar currency againt the Euro. The current mortgage sector crisis in the States and low value of the Dollar is helping to boost golds price

Delicious  Digg  Spurl  Wists  Furl  Reddit  Fark  Yahoo

This entry was posted on Thursday, September 20th, 2007 at 2:21 pm and is filed under Gold. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.