Thursday, August 18, 2011

Blessings! Carved Gold Record History $1853.30

Monexnews - The collapse of the stock market dunai bring blessings for the commodity gold. This precious metal jumped back sharply to more than 2%, through the historical record highs above U.S. $ 1,844 per ounce.


Concerns about the health of European banks made ​​investors dumped risky assets like equity shares and high switching hunt safe investments, like gold and U.S. government securities.

concerns the issue of Europe and the U.S. economy are negative numbers also have made Wall Street hit by a massive selloff, with the Dow Jones plunged more than 400 points.
As of today, the price of gold has surged by 10% in two weeks, as well as a performance of two best week since mid-February 2009. (Dar)

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