Arab Today, arab today gold settles close to 1900dollar mark
Last Updated : GMT 22:53:29
Arab Today, arab today
Arab Today, arab today

Gold settles close to 1,900-dollar mark

Arab Today, arab today

Arab Today, arab today Gold settles close to 1,900-dollar mark

Chicago - Xinhua

Gold futures on the COMEX Division of the New York Mercantile Exchange surged to record level on Monday, the sixth straight rise in a row, amid increasing safe- haven demands as investors feared global economy would further worsen. The most active gold contract for December delivery added 39.7 U.S. dollars, or 2.1 percent, to 1,891.9 dollars per ounce. Market analysts said investors\' concerns about the validity and efficacy of the U.S. debt deal, uncertainty about further deficit reduction suggestions as well as the worsening of the European debt crisis all helped push gold even higher. The Federal Reserve would hold its annual symposium this week to discuss the economic outlook, amid speculation that it may signal a third round of asset purchases to boost the faltering recovery. Aside from economic factors, the growing geopolitical tensions also added to the bullish sentiment, as Libya rebels have controlled parts of the capital Tripoli, pushing the Gaddafi regime to the edge. As a result, investors rushed to gold market for safety investment. The gold holding of world\'s largest gold-backed exchange-traded fund, SPDR Gold Trust, increased four metric tons to 1,290 metric tons on Friday, which is closer to the record of 1, 320 metric tons. Gold price has hiked for six sessions and has settled at a record for five of the past six trading days. On Monday, it closed a bit below the 1,900-dollar mark and most analysts believed that this mark would be broken \"sooner or later.\" Silver for September delivery gained 89.3 cents, or 2.1 percent, to 43.325 dollars per ounce. Platinum for October delivery rose 30. 8 dollars, or 1.6 percent, to 1905.7 dollars per ounce.  

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*

Arab Today, arab today gold settles close to 1900dollar mark Arab Today, arab today gold settles close to 1900dollar mark

 



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*

Arab Today, arab today gold settles close to 1900dollar mark Arab Today, arab today gold settles close to 1900dollar mark

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Egypt tourism revival steady but slow

GMT 16:04 2017 Tuesday ,19 September

Egypt tourism revival steady but slow
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today 600,000 children may flee to Bangladesh

GMT 06:49 2017 Monday ,18 September

600,000 children may flee to Bangladesh
Arab Today, arab today Equifax executives step down

GMT 16:16 2017 Saturday ,16 September

Equifax executives step down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today 5,000 'Dieselgate' deaths in Europe per year

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Renault-Nissan to launch

GMT 10:44 2017 Saturday ,16 September

Renault-Nissan to launch
Arab Today, arab today Eman Al Assy receives three offers

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers
Arab Today, arab today 'Severe' Typhoon Doksuri pounds Vietnam

GMT 15:49 2017 Friday ,15 September

'Severe' Typhoon Doksuri pounds Vietnam

GMT 11:10 2017 Friday ,15 September

Fadl Shaker retreats from surrendering himself

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 10:25 2017 Thursday ,14 September

Greece fumbled oil spill response

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:45 2017 Sunday ,17 September

France's hurricane-hit St Martin

GMT 21:57 2017 Sunday ,17 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
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
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday