Gold set at 1300,Finexo Forex Online

Friday, May 14, 2010

Gold continues to trade bullish with the next targets set at 1300 levels. Rising concerns over the European debt crisis and the instability of its single currency have pushed investors into more risk adverse assets.

Yesterday, gold continued to prove to be the safe haven for the investors as it traded at the all time high. According to Barclays gold can move as high as $1500.

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