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Thursday, 03/13/2008 1:08:07 PM

Thursday, March 13, 2008 1:08:07 PM

Post# of 5576
Gold:
Gold price didn't change much either. But it's demand will go further in the days to come if the price of dollar continues to go down against the euro and yen. Figures by bloomberg show, Gold for immediate delivery gained $1.11, or 0.1 percent, to $984.04 an ounce at 11:20 a.m. Tokyo time, 0.8 percent away from the record $992.05 reached on March 6. Jonathan Barratt, managing director of Commodity Broking Services in Sydney, said today by phone to bloomberg, ``With the dollar this weak, gold should be at $1,000 , gold does look set for another rise, and I wouldn't be surprised if it has an assault on $1,000 an ounce pretty soon.''


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