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View Full Version : Gold Prices Gain for Third Day in NY as Investors Demand Inflation Hedge - Bloomberg



NewsWhore
08-17-2011, 10:20 AM
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Gold Prices Gain for Third Day in NY as Investors Demand Inflation Hedge (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHFktFQsG6B-mZyFXwEsczBXXmhbQ&url=http://www.bloomberg.com/news/2011-08-17/gold-may-advance-for-third-day-as-european-debt-concern-fuels-haven-demand.html)
Bloomberg
The dollar fell as much as 0.7 percent against a six- currency basket. Before today, gold surged 26 percent this year, touching a record last week. “The inflationary story is back,” Adam Klopfenstein, a senior market strategist at MF Global Holdings ...

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