Bank Of Baku

Gold price hits record high

Gold price hits record high
# 25 September 2010 09:41 (UTC +04:00)
According to APA-Economics, the gold price rose 18 percent and it could be not a final record.
Some experts said the gold price was expected to exceed $1,500.00 by the end of the year.
The latest rise has been spurred by caution over the global economy.
Weakness in the US dollar - the currency used to value gold - has also contributed to the price rise. The US currency fell 1% against the euro.
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