Gold jumps to a 7 month high posts

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Gold Powers to a 7-Week High of $1,234.55 per Ounce

A combination of factors is driving gold prices today. First off, Reuters reported that initial jobless claims unexpectedly rose to 500,000, when analysts expected only 476,000. This took the stock market into a dive with the Dow down almost 100 points.

Continue reading Gold Powers to a 7-Week High of $1,234.55 per Ounce

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DJIA-74.9212,454.83
NASDAQ-1.852,837.53
S&P 500-2.861,317.82

Last updated: May 27, 2012: 12:58 AM

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