Gold price, page-866

I should also add that the initial spike in gold price last night upon the release of the employment data highlighted the fact that hedge funds have boosted bearish positions on greenback, however, currency traders shrug off mixed labor-market report and reversed the loss in US dollar.

It is going to be a war between the gold bulls and the bears and each camp will make a case based on the incoming news, but at end of the day, the strength and the fundamentals of the company and gold as a safe haven will and should win.

Cheers, (typing error in the previous post, should be "not a bad efforts for gold bulls).

Sydney