Gold price hits record

Gold price hits record
# 06 November 2010 08:06 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Gold price for December delivery rose to $ 1397.7 per ounce at NYMEX and exceeded previous day’s rate by 1.9% hitting new historic maximum, APA-Economics reported.

Gold prices rose sharply on Thursday after the Federal Reserve’s announcement that it would purchase an additional $600 billion in long-term treasuries to boost the economy, driving down the dollar and pushing stocks and commodities higher.
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