Stocks hit new high, what about gold
The stock market hit 14K for a few moments today led by different sectors like pharmaceuticals and health companies. Oil was also moving upwards in the wake of the overseas turmoil.With crude oil at an 18 month as of this writing investing in commodities has become a little more risky. Purchasing metals such as silver or gold are nice in that you can actually take possession of your investment. Currently the demand is outpacing the supply for gold and the price per oz has remain pretty consistent above the $600 range. With the volatility in the rest of the world the markets react cautiously and investing in metals to diversify your portfolio may be something to consider.
July 17 2007 10:22 pm | Consumer News