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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Gold price soars above US$1,200

Posted on 02 December 2009

From Thestandard.com.hk: Gold jumped to a record above US$1,200 (HK$9,360) an ounce in New York yesterday as declines in the US dollar and higher commodity prices spurred investor demand for an inflation hedge.

Gold futures for February delivery advanced US$18.20 to US$1,200.50 an ounce on the New York Mercantile Exchanges’ COMEX division……………………………Full Article: Source

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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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