Bank Of Baku

Gold price reaches new psychological limit

Gold price reaches new psychological limit
# 11 August 2011 08:45 (UTC +04:00)
Baku – APA-Economics. The Dow Jones Industrial Average was down 519.83 points (4.62 per cent) to 10,719.94 at closing, compared to its 430-point gain on Tuesday, Sydney Morning Herald reported.

The broader S&P 500 fell 51.77 points (4.42 per cent) to 1,120.76, while the tech-heavy Nasdaq lost 101.47 (4.09 per cent) to 2,381.05.

London’s FTSE-100 index fell 3.05 per cent to 5,007.16 points, and in Paris the CAC-40 plunged 5.45 per cent to 3,002.99 points.

In Frankfurt, the DAX dived 5.13 per cent to 5,613.42 points.

The gold price rose 0.6% to 1,796 USD/ounce, in NTMEX.
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