Gold Rises To 2-Month High

May 22, 2009 · Posted in Gold Bullion News 

May 21- Gold bounded to it's highest price since March as global equity slumps broadened the appeal of precious metals as an investment alternative. As equity markets slow and inflation fears on the rise gold prices are expected to trend upward. Gold futures for delivery in June gained $13.80 to $951.20 per oz. on the Comex division of the NY Mercantile Exchange. Gold continues it's positive trend, up 7.6 percent this year.

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