18
June
Gold Prices Reach for $1,254 (GC in Yahoo Finance)
18 June 2010 Yahoo News
Gold prices were gunning to break their record high Thursday as an uncertain stock market fueled demand for gold as a safe haven asset.
...
"As ever in the short term, anything could happen, but given the continuing degree of sovereign risk, gold is more likely to move higher than lower," says Mark O'Byrne, executive director of GoldCore. "$1,300/oz remains possible over the summer despite the traditionally negative summer season."
http://finance.yahoo.com/news/Gold-Prices-Reach-for-tsmf-3517132583.html
