Gold prices rose in Europe by more than 2% on Friday to reach the highest level in three weeks amid investors to buy the precious metal as a safe haven to the volatility of other assets in the market. And assisted in the rise in gold prices in the market rumors that China's interest in gold, a substitute for U.S. Treasury note and the demand of investment funds to buy it from Europe. The highest price of gold in the immediate trading day is 926.10 dollars an ounce (one ounce), but was later in the level between 918.50 and $ 920.50 to $ 906.75 compared to $ late trading in Europe yesterday.
Monday, February 2, 2009
Gold prices rise to highest level in three weeks
Gold prices rose in Europe by more than 2% on Friday to reach the highest level in three weeks amid investors to buy the precious metal as a safe haven to the volatility of other assets in the market. And assisted in the rise in gold prices in the market rumors that China's interest in gold, a substitute for U.S. Treasury note and the demand of investment funds to buy it from Europe. The highest price of gold in the immediate trading day is 926.10 dollars an ounce (one ounce), but was later in the level between 918.50 and $ 920.50 to $ 906.75 compared to $ late trading in Europe yesterday.
