From MyWay:

Gold has risen more than 12 percent this year, driven mainly by oil’s ascent to $100 and steep declines in the U.S. dollar. Gold for April delivery jumped as high as $949.20 an ounce in electronic trading on the New York Mercantile Exchange — the highest ever and within striking distance of the psychologically important $1,000 barrier. Earlier Wednesday, gold settled $8 higher at $937.80.

Make what you will of this, I have my own conclusions.  But just for kicks read the five fundamentals will drive gold price higher in 2008.

Serenity now!

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Tags: gold prices
Categories: Economics