Wednesday, March 28, 2007

Gold at 4 week high.

(UPDATE) Gold at 4-week high on oil, eyes Bernanke

SINGAPORE -- Gold prices rose to their highest level in almost four weeks on Wednesday, in sympathy with surging crude oil which raises the metal's allure as a hedge against inflation.

This is understandable, since the market lovers are dumping their stocks, for a different investment package.  The favorite?  Gold. 

In "Stock Market Logic", it was found out that the increase in prices of Gold is inversely proportional to the increase in stock prices.

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