Gold Prices Rally To Record High - Forex

Gold prices soared on Wednesday, erasing losses from the prior session, to extend its record high. April gold moved to $988.50, up $22.20 an ounce. The metal touched a new record high of $995.20 in mid-day transactions. Gold dropped sharply on Tuesday amid a bout with profit-taking and pulled away from its record levels. April gold moved closed at $966.30, down $17.90 on the session. Gold fell to $958.30, its lowest intraday level of the young month, in the afternoon. Prices touched above the $990 an ounce mark for the first time on Monday. April gold moved to $984.20, up $9.20 on the session. The precious metal climbed as high as $992.00 in morning trading, edging closer to the key $1,000 mark.

Read Full Story

Posted by Posted by Jewelry News at Thursday, March 06, 2008 6:35 AM
Categories: gold, Precious Metals
 

What did you think of this article?




Trackbacks
Trackback specific URL for this post
  • No trackbacks exist for this post.
Comments
  • No comments exist for this post.
Leave a comment

Submitted comments are subject to moderation before being displayed.

 Name (required)

 Email (will not be published) (required)

 Website

Your comment is 0 characters limited to 3000 characters.