Precious Metals

Reuters reported that falling stock markets caused gold prices to increase to a new record high.

Reuters reported that falling stock markets caused gold prices to increase to a new record high.

The market news is quoted as saying:

Gold, regarded as a safe-harbor investment when shares fall, has broken cleanly above technical resistance from a near three-year trend-channel and putting its ratio to the S&P-500.

To read the full market news, click here.

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MARKETS

Markets
TSX20181.92+80.54
TSXV705.58+14.41
DOW31253.13-236.94
S&P 5003900.79-22.89
NASD11388.50-29.66
ASX7064.50-118.20

COMMODITIES

Commodities
Gold1844.78+2.60
Silver22.02+0.12
Copper4.32+0.03
Palladium2004.50+0.50
Platinum967.00+8.00
Oil112.45+0.24
Heating Oil3.68+0.02
Natural Gas7.96-0.35

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