- The Pros And Cons Of Investing In Gold
Thursday, August 25, 2011 - 10:02 AM
From Bankrate.com via Yahoo! Finance
Up, up and up. That appears to be the direction of U.S. gold futures, which hit a record high of $1,910 per ounce in mid-August on the New York Commodity Exchange, or COMEX.
The opportunity to buy might tempt investors looking for fatter returns than they've earned on certificates of deposit, bank accounts, stocks or bonds. Yet, gold is far from foolproof.
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