Gold gains for third day before US data that may shape rate path
Bullion traded near $2,670 an ounce — touching the highest since mid-December.
Researchers at the Harvard-Smithsonian Center for Astrophysics claim that a large amount of Earth’s gold came from gamma-ray bursts (GRB), energetic explosions caused by the collision of two neutron stars.
Lead author Edo Berger estimates that the “amount of gold produced and ejected during the merger of the two neutron stars may be as large as 10 moon masses – quite a lot of bling!”
