news.goldseek.com >> 27 July 2011

Gold: Super Strong
By: Mary Anne & Pamela Aden
Gold has been shooting up this week, hitting one record high after another, hovering around $1600. Recently, it sold off on signs a debt-ceiling deal may soon be reached. Nevertheless, gold remains super strong. This U.S. debt standoff has been dominating the markets, along with almost daily ups and downs in the Eurozone’s debt crisis. That’s especially affected the precious metals markets.