Gold on the most bullish trend since 2004 amid debt trouble

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Source: Bloomberg
© Scanpix/Reuters

Gold analysts and traders express most bullish sentiment since 2004, and investors continue accumulating gold rapidly. Therefore, gold surpassed $1,800 per ounce for the first time in three months. According to Commodity Futures Trading Commission, hedge funds keep holding bet on upward sloping prices since September. Almost all experts surveyed by Bloomberg, expect gold's surge to continue next week.

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Fri, 11 Nov 2011 15:30:24 GMT

Italy - budget bill approved, growth to be boosted

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