1
July
Gold increasingly seen as a good long term investment
1 July 2009 Reuters
Gold futures tumbled below $930 an ounce on Tuesday as a stronger dollar prompted broad-based selling across the commodities sector, and better macroeconomic sentiment could further decrease safe-haven buying in the metal.
Bullion ended the second quarter less than $10 above its first-quarter close, as signs of global economic stability offset demand for gold as a hedge against long-term inflation.
http://www.reuters.com/article/hotStocksNews/idUSTRE55T12U20090630
