All eyes on gold for safe investment


  • Business
  • Thursday, 25 Sep 2008

PETALING JAYA: With global markets see-sawing on an almost daily basis so far this trading week, investors appear to be in search of a safe haven and are going for commodities, particularly gold.

Bursa Malaysia, though shooting up together with the Dow Jones Industrial Average on Thursday after the US announcement on the US$700bil Federal Reserve and US Treasury rescue plan for its troubled financial sector, did not come down as much on Monday, Tuesday or yesterday.

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