Gold still rising

New York, NY, United States (AHN) – Same story, different day.

Stocks fell again on Friday losing 172.93 points. The Dow Jones Industrial Average closed a volatile week at 10,817.65.

Investors were met with another selloff as continued worries about the European Debt Crisis, global slowdowns and tepid economic data continued to be a drag on worldwide markets.



Those looking for a safe haven piled into gold pushing the commodity up $25.70 to close at $1,850.60 an ounce. The shiny yellow metal hit an all time high during the day of 1881.40.
Many see the precious metal as being in a bubble territory, while other say it still has much more room to run. Silver also looked stellar closing up $2.04 to end the day at $42.81

Crude oil futures closed at near $82 a barrel and the U.S. dollar lost value against the euro and the yen.

Uncertainty has kept many investors wary, on the sidelines or simply out of the game. And with the weekend approaching many just wanted to go out flat.
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