31
August
Gold May Rise From ‘Doldrums’ on Increased Demand, Survey Shows
31 August 2009 Bloomberg.com
Gold may advance from “summer doldrums” in the Northern Hemisphere as investors seek an alternative to a weakening dollar, a survey showed.
Eleven of 25 traders, investors and analysts surveyed by Bloomberg News, or 44 percent, said bullion would rise next week. Nine forecast lower prices and five were neutral. Gold for delivery in December fell 0.7 percent this week to $947.70 an ounce by 12:01 p.m. yesterday in New York.
http://www.bloomberg.com/apps/news?pid=20601012&sid=aAK8PV4j3fhc
