- Infowars - http://www.infowars.com -

Gold hits a record near $1,100

Posted By admin On November 4, 2009 @ 1:50 pm In Economic Crisis,Old Infowars Posts Style | Comments Disabled

Ben Rooney
CNNMoney
November 4, 2009

[efoods]Gold rose to an all-time high Wednesday amid a weaker dollar and speculation that foreign central banks would increase their purchases of the precious metal.

December gold jumped $10.10 to $1,095 an ounce, after hitting an all-time trading high of $1,096.20 an ounce earlier in the session. On Tuesday, gold closed at a record $1,084.90 an ounce.

Gold, which is up 23% this year, surged on Tuesday after the International Monetary Fund said it sold 200 metric tons of the precious metal to India’s central bank.

Read entire article


Article printed from Infowars: http://www.infowars.com

URL to article: http://www.infowars.com/gold-hits-a-record-near-1100/

Copyright © 2013 Infowars. All rights reserved.