Friday, August 26, 2011

Gold Price Today : Gold prices slide for 2nd day; should investors worry?


Gold Price Today : Gold prices slide for 2nd day; should investors worry?The price of gold has fallen from its record close of $1,888.70 an ounce Monday to $1,754.10 on Wednesday on optimism the financial system and the economy may be stabilizing.

But some warn not to make too much out of the two-day slide. "Gold has been on such an amazing tear, it's only normal to have a slight correction," says Tom Winmill, fund manager at Midas Funds. Even after Wednesday's drop, gold is up more than 23% this year as investors seek shelter from concerns about European debt and deficits in the U.S. Read More

0 comments:

Post a Comment

Recent Tirai Examination's

Stocks Exchange