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37%  
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Keyword: goldgoldgoldgoldgold

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  • Gold Prices Rise to New 24-Year High

    12/12/2005 11:44:40 AM PST · by DebtAndDelusion · 28 replies · 1,012+ views
    Forbes ^ | December 12, 2005 | AP
    Gold prices rose Monday, hitting fresh 24-year highs as investor interest in the yellow metal booms. On the New York Mercantile Exchange, spot gold was up $7.70 at $527 an ounce in morning trading. In European trading, spot gold rose as high as $541.30 an ounce. Spot gold is trading at levels not seen since 1981. Traders said the contract is testing resistance at $541.80 and $543.20, and that resistance would likely be a short-term top followed by a dip to $523.10 and $531.00. Long-term charts say that if the contract breaks through $543.20, however, it would be going for...