Sunday, September 8, 2013

What put the shine back on gold? | The Tennessean |

Gold is having a summer revival.

The price of gold touched $1,420 an ounce this week, a 3½ month high, as escalating tensions in the Middle East, volatile currency markets and renewed demand for jewelry in China and India pushed prices higher.

Gold has surged 15 percent since sinking to $1,212 an ounce, its lowest level in almost three years, on June 27.

The resurgence follows a rough ride this year.

Read more...What put the shine back on gold? | The Tennessean |

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