Gold has definitely been the star amongst its precious metal peers this week, dazzling investors as its price soared to a 6-month high. After rallying for four consecutive days, gold hit its high on Thursday (September 3), surging to US$999.50, just a few cents shy of the US$1K mark.
Gold is poised for its best week in more than four months, as futures contracts are set to gain over 3% on the New York Mercantile Exchange. Included in this week’s gains is a US$19.20 price jump on Thursday, an increase which was surprising after weeks of little movement.
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