Gold hits 9-month high at over $682
Afp, London
The price of gold has struck the highest level since May, 2006 on concern about inflation and after other metals and oil futures rallied, analysts said on Thursday. Gold reached 682.25 dollars per ounce overnight, the highest level since May 19 last year. Early on Thursday it was trading at 676.55 dollars per ounce on the London Bullion Market. "The market was concerned about inflation in the (United) States and the rally in both metals and oil," said Ross Norman, an analyst at specialist website TheBullionDesk.com.
|
|
