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Gold goes beyond the 1700 dollars per ounce for the first time in its history
2011-08-08 14:17:18
BAGHDAD (Iba) ... the price of gold reached a record high on Monday with coverage of a historic new threshold for the first time $ 1700 per ounce in Hong Kong market with investors turned to safe values, such as metals Iiminah on worries about the repercussions of reducing the credit rating of the United States.
The price of gold to U.S. $ 1704.80 per ounce before noon (about 4.30 GMT) in the Stock Exchange of Hong Kong as Asian bourses recorded a strong decline in the wake of reduced agency Standard & Poor's Ratings Services Friday mark the U.S. sovereign debt of the mark maximum AAA to A. A. +.
He said a client in Tokyo, told Dow Jones Nyozoaar that people are pulling their money (from other markets), especially the dollar and euro, to invest in gold and the Japanese yen.
And gold prices supported by several days Pthavt continuous values safe amid growing concerns about global economic conditions. (End)
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2011-08-08 14:17:18
BAGHDAD (Iba) ... the price of gold reached a record high on Monday with coverage of a historic new threshold for the first time $ 1700 per ounce in Hong Kong market with investors turned to safe values, such as metals Iiminah on worries about the repercussions of reducing the credit rating of the United States.
The price of gold to U.S. $ 1704.80 per ounce before noon (about 4.30 GMT) in the Stock Exchange of Hong Kong as Asian bourses recorded a strong decline in the wake of reduced agency Standard & Poor's Ratings Services Friday mark the U.S. sovereign debt of the mark maximum AAA to A. A. +.
He said a client in Tokyo, told Dow Jones Nyozoaar that people are pulling their money (from other markets), especially the dollar and euro, to invest in gold and the Japanese yen.
And gold prices supported by several days Pthavt continuous values safe amid growing concerns about global economic conditions. (End)
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