At end of a dazzling decade gold reaches $526 an ounce

Gold closed in London Monday at a record $526 an ounce, ending a decade in which the metal recorded the most amazing price leaps in its long history. As the important London bullion market shut its doors early to end the year, dealers expressed astonishment at the performance of gold in the 1970s.

"Just imagine," said one, "if you had sunk your savings into gold at the start of the '70s, when it was $35 an ounce. . . ."

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK