Tuesday, August 23, 2011

Gold Prices $1,900

Gold Prices $1,900 - At $1,900 an ounce, the prices for gold had reached the highest they had every been. The world and the financial markets seemed a bit dazed and a bit amazed at the number. However, the $1,900 gold prices didn't last for long.

The prices of gold climbed above the $1,900 mark briefly on global concerns over the economy. As you know, the capitalistic markets do not like to see a slow down in the markets and looks at this as a sign of weakness. Any signs of weakness in the market can trigger investors to flee for safety as they assume the markets will drop. Gold is

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