Friday, September 7, 2012
September - a critical month for gold investors
At the beginning of the week gold maintained its high while waiting for a fresh direction from Jackson Hole's summit on the 31st of August. The elevated position of gold prices is supported by higher oil and silver prices. This year gold has been very sensitive to changes in monetary policy; therefore at the conclusion of the annual economic symposium, the gold market hopes that Ben Bernanke will reinforce the expectations for further monetary easing.
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