3
March
Inflation, geopolitical worries trigger gold gains (GC in Marketwatch)
3 March 2011 MarketWatch
Gold futures settled at a new high Wednesday, rising on fears of inflation and worries about the Middle East and North Africa, while silver settled at its best price in three decades.
...
“Given the continuing strong fundamentals and the concerns of geopolitical instability spreading to Saudi Arabia and other autocratic oil-producing nations, gold and silver look set to challenge $1,500/ounce and $40/ounce [respectively] in the coming weeks,” analysts at Goldcore said in a note to clients Wednesday.
http://www.marketwatch.com/story/gold-futures-set-sights-on-fresh-record-2011-03-02
