gold continues to surge on economic woes
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Gold continues to surge on economic woes

Arab Today, arab today

Arab Today, arab today Gold continues to surge on economic woes

Beijing - Xinhua

Fears of another U.S. recession and the euro zone debt crisis continue to send nervous investors to the safety of bullion. On Monday, spot gold surged 1.4 percent to an all-time high, setting the 10th record so far on August. Analysts say persistent flow of weak macro data out of the U.S. and a complete lack of confidence in the marginal economies of Europe have driven gold to consecutive record highs. Traders are expecting gold prices to rise above 1,900 U.S. dollars per ounce, before starting a decent correction, as indicated by its wave pattern. And support level is seen at 1,844, a fall below which will trigger a further loss to 1,820.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

gold continues to surge on economic woes gold continues to surge on economic woes

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

gold continues to surge on economic woes gold continues to surge on economic woes

 



GMT 18:15 2017 Thursday ,23 February

Iraqi forces free Mosul airport from deash militants

GMT 09:45 2017 Saturday ,11 November

UAE, French relations discussed

GMT 13:16 2014 Monday ,22 September

All obstacles to transport projects removed

GMT 22:53 2017 Tuesday ,25 July

Hand of God goal 'wouldn't have stood'

GMT 16:42 2017 Saturday ,29 April

381,463 migrants in Libya

GMT 10:08 2017 Wednesday ,27 September

Indonesia ready to divert tourists

GMT 18:44 2016 Monday ,25 January

Saudi Customs Revenues Rise in 2015
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday