Gold pendulum swings the price back over $1,100

March 30, 2010

Gold prices have bandied about quite a bit in the last two months while maintaining a relatively modest range of less than $90. The high point for gold in the last 60 days was $1,139.60 per ounce at the start of March and the low point was $1,052.25 in early February.
The current gold spot rate is virtually in the middle of this two month range at $1,109.60 per ounce. The lack of firm direction in gold is symbolic of a speculative environment in which investors are trying to …Forex Rate – Forex and Exchange rates

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