Gold prices reach 25-year high
From today's Wall Street Journal: "Gold is the only major commodity that isn't produced primarily to be consumed in the economy -- like iron, copper, pork bellies or oranges -- but simply to be owned and admired. It is too heavy, soft and rare to have many practical uses outside of electronics and dentistry. Yet it is one of the earth's most prized objects, valued mostly because it is considered valuable. A look at gold's circuitous journey from the ground to refiner to bank vault to jewelry store -- and sometimes back again -- shows how the ancient world of gold is being shaken up by both markets and technology." Read the whole story HERE
And related articles from yesterday's WSJ:
Rush of Investors To Commodities Fuels Gold Rally--Read the article HERE
Gold-Jewelry Prices Are Surging In Lockstep With Commodities--Read the article HERE
And related articles from yesterday's WSJ:
Rush of Investors To Commodities Fuels Gold Rally--Read the article HERE
Gold-Jewelry Prices Are Surging In Lockstep With Commodities--Read the article HERE
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