Gold gets a lift from wavering dollar, stocks

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Gold futures prices inch higher Monday as investors questioned the dollar rally’s near-term durability, a boost for global demand for the precious metal priced in the U.S. unit.

 

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Market correction could help bring classic bear gold trade back from the deadSigns are pointing to a possible resurgence for gold as investors think the end of the bull market is coming and all the major stock indexes enter corrections. Rattled by market volatility, investors may return to the classic bear-market investment. Gold seems interesting, like it may have uses/etc, so if I get Azkhaurp up & running, AU acquisitions may be on some (planned acquisitions/etc) list(s), but: HEALTH & SERVICE FIRST! 'AZCORP' - LET'S GET TO WORK Azkhaurp's ('Azcorp's') invite: Gold sold off in 2008 too
Source: CNBC - 🏆 12. / 72 Read more »