Subject:Gold Investments Market Update - as Cool as Silver
By: Bullion Services Team
Overview: Commodities across the board rallied significantly yesterday on signs of economic recovery that heralded the return of risk appetite. The upshot of this meant that the beleaguered dollar had another punishing day and this weakness pushed gold to $988.50. The next level of resistance is $999, with the $1000 mark likely to be breached soon thereafter. Gold's monthly close of $978.90 is bullish and shows that its current rally is sustainable. Silver touched $15.63 and has had its largest monthly increase since 1987 - up 27% for the month of May.
Link: http://news.silverseek.com/SilverSeek/1243947128.php
2nd June 2009, 08:52
Gold Investments Market Update - as Cool as Silver
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