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    market news

    Gold jumps, reaches record highs

    Melissa Pistilli
    Jan. 27, 2009 10:19AM PST
    Market News

    Gold Investing News reports spot gold rose to $902.50 since Oct 2008. The price of gold rose to a three-month high, climbing past $900 an ounce in both New York and London for the first time since October, as global equity markets tumbled, boosting demand for a safe harbor. It rose to an all-time high …

    Gold Investing News reports spot gold rose to $902.50 since Oct 2008.

    The price of gold rose to a three-month high, climbing past $900 an ounce in both New York and London for the first time since October, as global equity markets tumbled, boosting demand for a safe harbor. It rose to an all-time high of 700.37 in euro terms, and a record 659.71 pounds when priced in sterling.

    For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to The Resource Stock Watch.

     

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