Quantcast
Home » Topics » london bullion market

Gold hits record high near $1,900 an ounce

LONDON — Gold hit a record high near $1,900 an ounce in Monday trade as lingering fears of a fresh global recession caused dealers to snap up the precious metal regarded as a safe-haven investment. Gold struck an all-time peak of $1,894.80 on the London Bullion Market, beating its high…

Gold strikes new record high on U.S. default fears

Gold forged a record high above $1,625 per ounce here on Wednesday, as investors parked their cash in the precious metal in the face of heightened concerns over a potential US default. The price of gold struck $1,625.70 an ounce at about 0600 GMT on the London Bullion Market, beating…

Euro slides against dollar on shock Finnish vote

LONDON (AFP) – The euro slumped against the dollar Monday as shock political gains for Finland’s main nationalist party stoked concerns over the eurozone debt crisis, analysts said. As authorities prepared to discuss Portugal’s financial bailout, fresh worries over indebted eurozone nations helped the price of ‘safe-haven’ gold to reach…

Google+