Soaring gold price shows the way
THE collapse of Enron seems to have had a belated effect on the price of gold – but for the better. Gold rose by more than $23 (£16) per ounce this week, a positive move that was reflected by a slight rise in both silver and platinum, as buyers seek more tangible assets for investment.
A report by the World Gold Council says investors “ran for cover’ after the collapse of Enron. The s…