Gold Bugs Eye $600, $850 and Far Beyond ![]()
By Nick Godt
Markets Reporter
2/6/2006 1:52 PM EST
Nervous jitters about Iran's nuclear ambitions haven't only inflated crude oil prices. Gold, often seen as a safe haven in times of uncertainty, reached 25-year highs last week and remained on the upswing Monday.
In recent action, gold for April delivery was gaining $2 to $573.80 per ounce.