Gold Futures Take Flight Over the proposed E.U. Bailout of Greece
The action in gold on Friday was notable.
Spot gold jumped over $5. And the rally has continued this morning, with gold now back above $1,110 for the first time in over a week.
The jump appears to have been driven by concerns over an proposed E.U. bailout of Greece, as well as political fears after the sinking of a South Korean ship near the border with North Korea.
Here's what's more interesting. Gold futures took flight on Friday. To a much greater degree than the spot price.
Full article at: Gold Futures
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