Gold toys with $1,000 mark, eyes U.S. jobs report
Friday, September 4, 2009 : PermalinkReuters – Buying of gold exchange-traded funds picked up, with holdings of the largest, New York’s SPDR Gold Trust, posting its biggest one-day percentage rise since March.
That buying underscored a fresh burst of investor interest from those seeking a refuge from faltering confidence on a broader global economic recovery. Traders said the core of that concern sprang from share prices after Shanghai stocks hit three-month lows this week.
Tags: economic recovery, exchange traded funds, gold exchange traded funds, investor-interest
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