09.02.2016 - Gold Prices Soar on Global Economic Worries
Gold prices posted the biggest one-day gain in more than 14 months on Monday, as the continued tumult in global financial markets boosted the metal’s lure as a haven asset. In recent trade, gold futures jumped 3.5% to close at $1,197.90 a troy ounce--the highest settlement since June 19--on the New York Mercantile Exchange. It represented gold’s largest percentage gain since November 2014. Gold has risen 13% since the start of the year amid turmoil in global markets and weak economic data signals, particularly from China...............................................Full Article: Source
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