Gold hits record above $1,900 an ounce

Author lbostgadmin | Posted on August 23, 2011 | Economy

HONG KONG, August 23, 2011 (AFP) – Gold soared above ,900 an ounce in Hong Kong for the first time on Tuesday as dealers flocked to the safe haven asset due to growing concerns over the state of the global economy.

The precious metal was trading at ,914.

50-$1,915.50 an ounce in the morning after opening at ,898.

00-$1,899.00. .