Gold Shines as Swiss Franc’s Haven Appeal Dims

Precious Metals

Reuters reported that gold is outshining the Swiss Franc as an investment haven.

Reuters reported that gold is outshining the Swiss Franc as an investment haven.

The market news is quoted as saying:

Swiss franc-priced gold has risen nearly 20 percent since the SNB’s announcement, hitting a record high for the first time since June 2010 near 1,500 francs (1,158.33 pounds) an ounce. Spot gold has climbed just over 8 percent to record highs just below $1,900 an ounce in the same period.

To read the full market news, click here.

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