Forex Blog

November 3, 2009

Gold Hits New Record

Gold hit a new record of $1,085.07 an ounce today on news that the International Monetary Fund had completed a massive sale of gold to India. The transaction was for 200 tonnes at a price averaging $1,045 an ounce and represented about half of the amount of its reserves the IMF planned to sell.

Yahoo News

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Powered by Efacilitators Hosting