Gold futures are rallying on a falling dollar and rising oil prices, says George Gero, vice president with RBC Capital Markets Global Futures. Falling Libor rates are also making it more inexpensive to hold gold, boosting buying, he says. And the fund selling that has raked gold prices over the coals recently seems to be at least slowing down. "Now it seems that a lot of the liquidation is over with," Gero says. Comex Dec gold is up $14.70 at $741.50 an ounce.(MWH)
