Gold jumps to highest level
23/07/2013 12:00 AM
Singapore (Reuters) -
Gold rose 1.7 percent to its highest level in on Monday thanks to purchases supported by technical factors due to the falling dollar, but the yellow metal is still down more than 20 percent since the beginning of the year. fell lure gold as a hedge amid expectations that the end of the Federal Reserve Central Bank of the U.S. program to buy bonds and ultimately contributed to three rounds of quantitative easing in the rise of gold and other commodities. gold rose to 1322.50 dollars an ounce, the highest level since June 20 and scored 1317.74 dollars and less metal about $ 600 for the highest level ever at 1920.30 dollars reached in 2011. increased gold dealings American 1.91 percent to 1317.60 dollars an ounce. For precious metals Other اقتدت silver gold record platinum highest level since 19 June and jumped palladium to its highest level in about six weeks. | |
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