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Gold gains for eighth session as ETF holdings rise


Nov, 25, 2009 | MarketWatch

"While gold is overbought in the short term it is behaving like a stubborn mule that refuses to go down," said Daniel Stoke [sic], an analyst at GoldCore, in a note.

"A variety of concerns continue to support gold and these include worries regarding the sustainability of the economic recovery, both in China, the U.S. and in other leading industrial nations, [and] the weakening dollar."

http://www.marketwatch.com/story/gold-rises-further-as-gdp-revision-hits-dollar-2009-11-24