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Tuesday, April 19, 2011

$15,000 Gold and $1500 Silver - Gold and Silver Predictions By Mike Maloney

Gold Settled At Record,

Touched $1500.50/oz

April-19-2011--NEW YORK --Gold futures climbed to a record $1500 level Tuesday,

despite a sluggish move up, as traders drew positive sentiment from a weaker dollar and higher oil prices.

Gold hits key level of $1500 an ounce Gold prices broke records for a second day as investment demand for the metal soared. Buying interest continued to draw strength from Monday's announcement by credit ratings agency Standard & Poor's, which downgraded the outlook on U.S. government debt to "negative" from "stable."

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