Despite Bounce, Analyst Sees More Downside in Gold (GLD) (IAU) (SLV)
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Gold (GLD) Rises as Investors Brace for the Worst...or Worse (SLV) (PALL)
December 24, 2012 8:53 AM ESTGold is the go-to for investors fearful that U.S. lawmakers will be unable to reach accords in fiscal cliff negotiations.
According to CME Group, gold February contracts are higher in early trading, up about $0.6 to $1,660.7 per ounce.
Many are hedging as over $600 billion in spending cuts and tax hikes will take effect at... More
