Saturday, August 20, 2011

Gold rises as Asian markets slide

From: AlJazeeraEnglish | Aug 19, 2011

For investors in this economic climate, it seems that all that glitters is gold.

The cost of the precious metal hit an all-time high on Friday after its seventh consecutive weekly gain. The metal has already risen by 14 per cent in August.

It is being called a modern day gold rush, and is fueled by the dismal performance of the stock markets across Asia pacific.

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