Gold rises over $1,000 on haven buying
NEW YORK/LONDON (Reuters) – Gold rose above $1,000 an ounce on Friday for the first time since March last year as nervous investors piled into the yellow metal to preserve wealth amid a tumbling stock market.
The difference between “Gold futures rise $1,000 on flight to safety” and “Gold futures rise TO $1,000 on flight to safety” is a scary, inaccurate statement.
If the price of gold is $1000 and gold “Rises $1000″ that would make the price of gold $2000, a 100% increase on the day. Prepositions do matter.
A number of readers objected to our wording in this headline. It should have been absolutely clear: GBU Editor
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