(From GoldAlert.Com)
Gold futures, per the COMEX April contract, surged $21.30 to finish at $1,431.20 per ounce on Tuesday. The yellow metal reached an intra-day high of $1,431.60 before closing fractionally below this level.
In doing so, gold futures settled at a new all-time high on a closing basis but failed to surpass the record intra-day high of $1,432.50, set on December 7, 2010.Today’s rally in gold came amid further turmoil in North Africa and the Middle East – particularly in Iran, Saudi Arabia and Bahrain, in addition to the already high level of violence in Libya.
Source link:http://www.goldalert.com/2011/03/gold-futures-surge-to-record-closing-high/
Gold futures, per the COMEX April contract, surged $21.30 to finish at $1,431.20 per ounce on Tuesday. The yellow metal reached an intra-day high of $1,431.60 before closing fractionally below this level.
In doing so, gold futures settled at a new all-time high on a closing basis but failed to surpass the record intra-day high of $1,432.50, set on December 7, 2010.Today’s rally in gold came amid further turmoil in North Africa and the Middle East – particularly in Iran, Saudi Arabia and Bahrain, in addition to the already high level of violence in Libya.
Source link:http://www.goldalert.com/2011/03/gold-futures-surge-to-record-closing-high/
