19.01.2015 - Gold price rally driven by safe-haven status
Gold prices extended their rally to lock in a 5 per cent gain for the week as worries about global growth and turbulence in currency markets spurred investment demand for haven assets. Gold for February delivery, the most actively traded contract, rose $US12.10, or 1 per cent, to $US1276.90 an ounce on the Comex division of the New York Mercantile Exchange. This was the highest settlement price since August 29 and the biggest weekly gain since July 2013...............................................Full Article: Source
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