Empower your business in Sri Lanka and internationally with Prifinance expert corporate and financial services. Streamline company formation and investment opportunities with our tailored advice and solutions.

Gold price storms to record above 1,200 dollars

LONDON, December 1, 2009 (AFP) - The price of gold reached above 1,200 dollars an ounce for the first time on Tuesday as a weak US currency pushed up demand for the precious metal viewed as a safe-haven investment, analysts said.
online pharmacy buy ciprodex with best prices today in the USA


online pharmacy buy abilify with best prices today in the USA




online pharmacy buy chloroquine with best prices today in the USA

Gold struck a record high 1,201.

online pharmacy buy arimidex with best prices today in the USA

63 dollars an ounce on the London Bullion Market at 1639 GMT.
online pharmacy buy phenergan with best prices today in the USA

It later pulled back slightly to stand at 1,199.65 dollars.

Gold has struck historic peaks over recent days and weeks as the dollar drops against major rivals the euro and yen.

online pharmacy buy cymbalta with best prices today in the USA


online pharmacy buy diflucan with best prices today in the USA



"As ever, another painful week for the US currency saw new highs for gold," VTB Capital commodities analyst Andrey Kryuchenkov said on Tuesday.



buy azithromycin online https://bergenderm.com/wp-content/themes/bergenderm/media/logos/logo/azithromycin.html no prescription

In recent weeks, gold has smashed record after record also on the back of inflationary fears and increasing moves by central banks to diversify assets away from the greenback.

The yellow metal, whose two main drivers are jewellery and investment buyers, has also won favour in the uncertain economic climate and fears of a mounting Dubai debt crisis.

online pharmacy buy strattera with best prices today in the USA

"Gold continues to benefit from an almost 'perfect storm' of weak currencies, minimal interest rates, fears about future inflation and fears about financial stability," said Capital Spreads analyst Simon Denham.

online pharmacy buy spiriva inhaler with best prices today in the USA

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Top
0
Would love your thoughts, please comment.x
()
x