Gold Demand Approaches New Record

Gold rose, approaching a record, on demand for a haven amid renewed European debt concerns and slumping equities. Gold futures traded within 0.2 percent of the record $1,227.50 an ounce on Dec. 3. Meanwhile, gold futures for June delivery rose $18.50, or 1.5 percent, to $1,219.30 at 11:11 a.m. on the Comex in New York. Earlier, the price reached $1,225.20 – Bloomberg

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.