Forexsig.com 5/12/2010 News
 

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5/12/2010 News

Gold Rises To A New Record High

Gold rallied nearly 2% Tuesday, soaring to a record high. Gold set for June delivery rose to $1,220.30 an ounce, a new all time high.

As the Dow fell nearly 1,000 points on Tuesday, Gold rallied 2%.

Gold is one of the safest, most secure investments avaivable worldwide. When the stock market & other markets become volatile & unpredictable, more investors seem to turn to Gold, & other more secure investments, due to it's sold currency value.

Gold posted it's last record high on December 3, 2009, a volatile day for trading. That day it settled at $1,218.30.