Excerpt from: Futures and Commodity News
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| June 03, 2008 | | Futures trading and gold prices | In futures and commodities trading, gold prices are on the rise. Mainly, gold prices are gaining as bargain hunters look to take advantge of the recent drop in gold futures.
However, there is another reason that an interest in gold futures has been piqued. Despite the drop in oil prices, gold futures are gaining as investors turn to the precious metal as a safe haven.
With risk returning to the stock market -- thanks to recent banking sector news -- investors are looking for somewhere more tangible to put their assets. And gold fits the bill.
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