Image courtesy of Kitco
And the climb for gold continues. Silver has also been bouncing between the $17.30 & $17.60 range this morning.
See today's Bloomberg article below:
Bloomberg.com
Gold Advances to Record in New York, London After Jobs Data
By Nicholas Larkin and Chanyaporn Chanjaroen
Nov. 6 (Bloomberg) -- Gold rose to a record in New York and London trading after a report showed U.S. employers cut more jobs than forecast in October, boosting demand for the metal as store of value.
Bullion is heading for a ninth consecutive annual gain and approaching $1,100 an ounce for the first time as investors seek to protect their wealth from the threat of inflation and the debasement of the U.S. currency. Payrolls fell by 190,000 workers last month, compared with a 175,000 drop anticipated by the median forecast of economists surveyed by Bloomberg News, figures from the Labor Department showed today.
Full article
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