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Gold rises to record; gains 6.3% in week

Daily newsbrief journal for August 2011, also see http://www.usdemocrats.com/brief for a global 100-page perpetual brief and follow twitter @usdemocrats


Gold rises to record; gains 6.3% in week

Postby admin » Fri Aug 19, 2011 3:49 pm

Gold rises to record; gains 6.3% in week
SAN FRANCISCO (MarketWatch) -- Gold rose to a record Friday, inching closer to $1,900 as investors remained wary of stocks and piled up on the metal in search of safety. Gold for December delivery added $30.20, or 1.7%, to settle at $1,852.20 an ounce on the Comex division of the New York Mercantile Exchange. Bullion gained 6.3% this week.
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