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Gold’s happy new year

Posted by Forexsq 115 days ago (http://www.marketwatch.com)
img ForexSQ.com - Gold is having a happy new year—and experts say the gold shares’ weakness may be deceptive.

Gold’s rebound came after a particularly unMerry Christmas. (See Jan. 2 column ) But from the Christmas week closing low on Dec. 29 to last Friday, gold as measured by the floor close in the Gold-Electronic (COMEX) Feb 2012 GC2G +0.55% , rose $120 or 7.78%. This was the third week of gains.

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