Excerpt from: World Markets
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| March 02, 2010 | | Spread bets and CFDs on gold prices | Spread betting and contracts for differences on commodities should consider that gold prices are higher this morning. After a rocky go last week, the precious metal is heading higher.
Metals are still in a good place after yesterday's gains by copper after the Chile earthquake. Additionally, commodities are getting a boost from the fact that risk appetite is making a comeback in the financial markets.
Right now, gold prices are around $1125 and looking to the next level. However, things could turnaround easily, depending on the economic data and the perception of investors once the U.S. market opens.
| Topic Tags: CFDs, Chile earthquake, commodities, commodities trading, contracts for differences, gold prices, spread bets, spread betting | |
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