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Forexsig.com 5/12/2010 News

Discussion in 'Forex Daily News & Outlook' started by FoReX^ExPeRt, May 12, 2010.

  1. FoReX^ExPeRt

    FoReX^ExPeRt New Member

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    Forexsig.com News & Headlines

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    5/12/2010 News


    Gold Rises To A New Record High


    Gold rallied nearly 2% Tuesday, soaring to a record high. Gold set for June delivery rose to $1,220.30 an ounce, a new all time high.

    As the Dow fell nearly 1,000 points on Tuesday, Gold rallied 2%.

    Gold is one of the safest, most secure investments avaivable worldwide. When the stock market & other markets become volatile & unpredictable, more investors seem to turn to Gold, & other more secure investments, due to it's sold currency value.

    Gold posted it's last record high on December 3, 2009, a volatile day for trading. That day it settled at $1,218.30.

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