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Wednesday, March 11, 2009

Gold outlook retains luster

Gold outlook retains luster
(01:57) Report Reuters Video

Mar. 10 - Gold fell from its $1,000 an ounce peak but fund managers said financial uncertainties will keep alive a safe-haven bid for the precious metal.
Many analysts expect gold to jump back above that high unless the global economic recession takes a turn for the better. Conway Gittens reports from New York.SOUNDBITES:
# Frank Holmes, chief executive, U.S. Global Investors
# Thomas Winmill, president and fund manager, Midas Fund

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