The price of gold roared to a new record-high in Wednesday’s trading, going as high as $1,801 per ounce in New York trading. Prices gained more than $50 as stock market prices plunged in Europe and the United States. Prices eased downward in later trading. Gold is a traditional place for investors to put their […]
Gold Price Rises Above $1,700
Posted August 8th, 2011 at 12:00 pm (UTC-5)
The price of gold soared to a record high above $1,700 Monday, as investors worried about the recent rating downgrade for U.S. debt, Europe’s debt crisis, and slowing global growth. The precious metal is a traditional investment in times of economic trouble. Concerned investors bid up the price as high as $1,718.20 at one point. […]
