News of gold on the gold price news
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The stability of gold prices hit new record highs on the horizon
LONDON (Reuters) - Oil held steady gold prices on Wednesday after he hit a fresh record high earlier, and analysts said that further gains are possible in view of concerns about the debt crisis of the euro area, which is likely to result in more buying in the precious metal as a security.
Analysts said the price of gold demand rose to 1234.70 an ounce (ounce) earlier on Wednesday, but new highs in sight.
At 0653 GMT, the price of gold in online transactions 1229.55 dollars an ounce, compared with 1232.05 dollars in late New York trading on Tuesday. The price of silver and 19.20 dollars a troy ounce, down from 19.28 dollar. Platinum fell to 1687 dollars per ounce from 1702 dollars in New York, while palladium fell to 521.50 dollars an ounce from 532 dollars
Gold rises with the decline of the surge in financial markets
- London - Reuters Part Print Page
Gold prices rose in Europe on Tuesday, in light of the return of worries about the financial viability of the euro area, especially regarding the ability of Greece to reduce the huge budget deficit. And record the precious metal hit a 5 month high last week, as it had forecast expansion of the debt problems of Greece to other economies in the euro area to enhance the demand for gold as a safe but fell Monday on news that a rescue package worth a trillion dollars to the euro area. Raised the rescue package rally in the financial markets Monday, with rising stock markets and the euro and the commodity industry hard, and the price of gold in online transactions 1205.50 U.S. dollars an ounce, compared with 1201.90 U.S. dollars in late New York trading Monday, with record price of silver 18.42 U.S. dollars a troy ounce, down from 18.44 U.S. dollars, and platinum fell to 1671 per ounce of 1693 USD in New York, while palladium fell to 515 per ounce from 529 USD.
Gold prices rose in Europe on Tuesday, in light of the return of worries about the financial viability of the euro area, especially regarding the ability of Greece to reduce the huge budget deficit. And record the precious metal hit a 5 month high last week, as it had forecast expansion of the debt problems of Greece to other economies in the euro area to enhance the demand for gold as a safe but fell Monday on news that a rescue package worth a trillion dollars to the euro area. Raised the rescue package rally in the financial markets Monday, with rising stock markets and the euro and the commodity industry hard, and the price of gold in online transactions 1205.50 U.S. dollars an ounce, compared with 1201.90 U.S. dollars in late New York trading Monday, with record price of silver 18.42 U.S. dollars a troy ounce, down from 18.44 U.S. dollars, and platinum fell to 1671 per ounce of 1693 USD in New York, while palladium fell to 515 per ounce from 529 USD.
NEW YORK (Reuters) - The gold price in the U.S. market on Tuesday, about three percent to the highest level on record over 1230 dollars an ounce, amid a flurry of buying from investors seeking safe havens as the failed rescue package European cost a trillion dollars to dispel the fears of the spread of problems debt in the euro zone. And after gold touched a record high 1233.65 dollars an ounce in online transactions rose 30.85 dollars, or 2.6 percent, to 1232.75 dollars an ounce by the time 1912 GMT, compared with 1201.90 dollars in late trade on Monday. At the COMEX division of the New York Mercantile Exchange NYMEX gold futures for June delivery more than 30 dollars to 1230.0 per ounce. Earlier in the trading session recorded gold futures for June delivery settled at 1220.30 dollars an ounce
Gold prices on Wednesday morning, a noticeable increase in docked ounce of gold at 1232.20 dollars. The record price of one gram 21 carat gold plant in Gaza, "break" 23.10 dinars to buy, compared to 24 dinars for sale. And sold grams of gold from the type of azure B 28.50 dinars, while the total price of one gram gold Turkish "Java" 30 dinars. The record price of one gram gold Aldfawi "crews Rolex" KD 26. It is expected jewelers and watchers to continue to rise in the coming days, because of the impact on gold prices in the financial crisis plaguing the euro zone.
London, England (CNN) - Gold prices rose Wednesday to their highest level since the collapse of the bank, "Lehman Brothers" in 2008 amid volatility in financial markets in Europe. The price of an ounce of gold in London 1.23 dollars, beating the price that has been made an ounce in December of last year. As well as the price of an ounce of the European currency "Euro", with the highest rate at all times and in afternoon trading in London on Tuesday, an increase of about 26 per cent higher than the price an ounce since the beginning of this year.
