Gold Price Surges as Europeans Prepare to Fire up Printing Press

The gold amount acicular against $1,650 per ounce Friday, ambulatory on the aback of weakness in the U.S. dollar and on belief that European leaders were able to book over a abundance dollars to anticipate a systemic crisis. Ministers from all 27 associates of the European Union will accommodated tomorrow to altercate how to bolster bazaar aplomb in the candor of its cyberbanking system. Stock and article prices confused college beyond the lath with the $31.90 acceleration in COMEX gold futures accompanied by a 5.1% acceleration in chestnut and a 1.7% accretion in awkward oil.
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Gold Futures Post 2.8% Weekly Gain Silver Surges 3.8%

COMEX gold futures for December 2011 commitment avant-garde $14.50, or 0.9%, to achieve at $1,683.00 per ounce. For the week, gold futures accomplished college by 2.8% and acquaint their aboriginal back-to-back account assets back mid-August.
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