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View Full Version : Gold May Extend Rally, Nearing Record, as European Debt Crisis Escalates - Bloomberg



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07-13-2011, 12:40 AM
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Gold May Extend Rally, Nearing Record, as European Debt Crisis Escalates (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGh6lSHsXmIR3jnQNDpRIJoiz_puw&url=http://www.bloomberg.com/news/2011-07-13/gold-may-extend-rally-nearing-record-as-european-debt-crisis-escalates.html)
Bloomberg
The Dollar Index, a six-currency gauge of the dollar&#39;s value, advanced 0.2 percent today. “Gold can easily reach $1600 in the next one or two months as the debt crisis in Europe worsens,” Li Fang, an analyst at Zhonghui Futures Co., said from Shanxi. ...

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