Gold Prices Reach New High Above $1,300 an Ounce

by | Sep 24, 2010 | Towing

Gold continued its record-breaking climb, reaching a new high of $1,300 an ounce.

Futures for December hit $1,301.30, before slipping to $1,299.40 an ounce on Globex.

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“Diversification and physical demand will continue to provide upside momentum,” said James Moore, an analyst at TheBullionDesk.com, in a research note.

Gold surged earlier in the week after Federal Reserve Chairman…

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Gold Prices Reach New High Above $1,300 an Ounce originally appeared on DailyFinance on Fri, 24 Sep 2010 07:13:00.

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Goldline Marketing Practices Under Fire on Capitol Hill

by | Sep 23, 2010 | Towing

Glenn Beck’s favorite gold company was dragged to Capitol Hill Thursday to answer questions regarding its marketing and sales practices. Goldline, the omnipresent pusher of gold coins in radio and TV ads (and for whom Beck was …

Gold Reaches Record High, Could Hit $1,300 This Year

by | Sep 14, 2010 | Towing

Gold prices hit a record high Tuesday and may reach a record $1,300 an ounce later this year as investors fearing debt crises and potential inflation from interest rate cuts may put more of their money into the precious metal.
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