31
December
Gold May Rise as New Index Weighting Spurs Demand, Survey Shows
31 December 2009 Bloomberg.com
Gold may rise as investors buy futures to reflect the metal’s increased weighting in a benchmark raw-materials index.
Twelve of 20 traders, investors and analysts surveyed by Bloomberg News, or 60 percent, said bullion would gain next week. Eight forecast lower prices. Gold futures for delivery in February were down 0.8 percent for this week at $1,095.60 an ounce at noon yesterday in New York.
http://www.bloomberg.com/apps/news?pid=20601081&sid=abW7ydb3aOyU
