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Gold acts as a barometer of world tension. And tension across the globe has been rising this week.
The insurgency in Iraq continues unabated, the saber-rattling between the U.S. and Iran continues, and Russia is increasingly acting as though the Cold War is back again.
And as the tension rose, so did gold this week as it continued its ascent to challenge the May 2006 high of $714.80 per ounce. On Thursday, Feb. 22, the price of gold closed at 677.45, up 1.15% for the week and 6.40% so far this year.* ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,280.37 | 1,087.81 | 2,125.22 | 32.22 |
Oil *
77.16
|
|
DOWN
29.55
|
DOWN
3.68
|
DOWN
13.22
|
DOWN
0.09
|
10 Yr
3.22%
SPDR Gold
115.16
|
|
-0.29%
|
-0.34%
|
-0.62%
|
-0.28%
|
Data delayed 20 minutes |
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