Gold shimmers up to $700 an ounce

The price of gold soared to a record $700 an ounce in early trading here Tuesday. Later, gold fell back to around $682.50 amid profit taking. A strengthening of the dollar in foreign- exchange trading contributed to the retreat, dealers said.

Gold's rise in New York followed a similar trend on the important London bullion market, where the metal's official price was set at a record $684 at the regular afternoon fixing session.

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