GC Gold Futures

Discussion in 'Commodity Futures' started by DisciplinedHedg, Jan 10, 2010.

  1. GC futures has gapped up almost 2% at the open this Sunday.

    Couldn't find the cause, anybody know why?
  2. My idea is that Venezuela chopped their currency in half over the weekend. Think how even expensive gold would've been a safe haven for bolivar holders.

    ..That or the threat to Portugal's rating.