Gold within sight of $600 on North Korea tensions

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Gold futures rose Monday morning and came within close range of $600 an ounce, supported by the latest developments related to North Korea and its nuclear activities and weakness in the U.S. dollar.

Gold for December delivery was last up $4.70 at $597.40 an ounce on the New York Mercantile Exchange after trading as high as $598.50.

Gold has found further support overnight following the U.N.'s decision to impose sanctions against North Korea.

The increase in tensions between the U.N. and North Korea will likely be a supporting factor in the coming days/weeks, particularly if the sabre rattling intensifies. "

The United Nations Security Council on Saturday voted on sanctions against North Korea in response to its claim to have conducted a nuclear test.

The U.N. is demanding that Pyongyang get rid of all its nuclear weapons and has imposed an embargo on hardware including tanks, warships, combat airplanes and missiles.

North Korea rejected the move,  its ambassador criticized the move as "gangster-like." and later walked out of the Security Council .

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我看不懂哦，有人说中文的不？

Tang

如果金真的這麼好又何必唱好？大有文章。

BY

新加入  在 2006-10-16 23:40 發表:

我看不懂哦，有人说中文的不？

文章大意是說金价因為联合国决議制裁北韓所以升近600辺緣，还說如果局勢升温对金价有刺激作用。

在下認為光靠北韓的消息不足將金价推向更高位，除非油价也配合便有机会。008兄怎看？

BY

BY  在 2006-10-16 23:56 發表:

文章大意是說金价因為联合国决議制裁北韓所以升近600辺緣，还說如果局勢升温对金价有刺激作用。

在下認為光靠北韓的消息不足將金价推向更高位，除非油价也配合便有 ...

对不起光看头象还以為是008兄來。

Tang

BY  在 2006-10-16 11:56 PM 發表:

文章大意是說金价因為联合国决議制裁北韓所以升近600辺緣，还說如果局勢升温对金价有刺激作用。

在下認為光靠北韓的消息不足將金价推向更高位，除非油价也配合便有 ...