4
September
Gold May Advance on Higher Prices, Weaker Dollar, Survey Shows
4 September 2009 Bloomberg.com
Gold may advance as investors buy the metal in response to its climb toward $1,000 an ounce and a weakening dollar, a survey showed.
Twenty-one of 26 traders, investors and analysts surveyed by Bloomberg News, or 81 percent, said bullion would rise next week. Four forecast lower prices, and one was neutral. Gold for delivery in December was up 3.4 percent this week to $991.30 an ounce by noon yesterday in New York.
http://www.bloomberg.com/apps/news?pid=20601085&sid=am5_CxrNjfoM
