Gold futures keep on maximum
Gold becomes more expensive
In brief: Gold prices keep now stabile positions, therefore investors bet on their increasing.Gold futures fell down from their historical maximums on Thursday. Losses, however, are not so grate in comparison with the last time increases. Therefore, investors, who bet on gold, keep optimistic status. Gold prices have increased on 14% since March, 2010.
Demand for gold has reached its apogee this week when gold futures have finished two sessions in a row at their historical maximums. On Wednesday gold futures were closed with the increasing on 1.9% at 1243.10 USD per ounce. Gold prices keep now stabile positions, therefore investors bet on their increasing. They continue buying gold actively because of the fear of crisis due to Eurozone debts.
Maria Velikanova2010-05-14 08:10, Economics.