Dec 2 (Reuters) – U.S. spot gold hit a new record above $1,203 per ounce on Wednesday, marking an all-time high for the second straight day as weakness in the dollar spurs buying of the precious metal as an alternative investment. For a graphic on gold’s rise, double click on:
Dec 2 (Reuters) – U.S. spot gold hit a new record above $1,203 per ounce on Wednesday, marking an all-time high for the second straight day as weakness in the dollar spurs buying of the precious metal as an alternative investment. [ID:nTKU105719 ]
The following issues have been halted by Investment Industry Regulatory Organization of Canada :
The price of gold reached above $US1,200 an ounce for the first time as a weak US currency pushed up demand for the precious metal viewed as a safe-haven investment, analysts said.