Gold rose as inflation worries kept investors glued to the safety of the metal
Gold however rose as inflation worries kept investors glued to the safety of the metal. China's inflation problems have kept investors expecting another interest-rate hike in the near future. Adam Hewison, president of MarketClub.com, said: The inflation mentality is beginning to take hold more, and that sparked gold's rise today."US Gold futures for April delivery was up $9 at $1,374.10 an ounce.
Gold however rose as inflation worries kept investors glued to the safety of the metal. China's inflation problems have kept investors expecting another interest-rate hike in the near future. Adam Hewison, president of MarketClub.com, said: The inflation mentality is beginning to take hold more, and that sparked gold's rise today."US Gold futures for April delivery was up $9 at $1,374.10 an ounce.