Gold hits new heights on global economic worries

Gold prices briefly reached USD$1200 in New Change York as the biggest one-day cambiar gain in 14 months was posted on Monday.

The metal has risen cheap jerseys 13 per cent since the start of 2015 as a turndown in the global financial markets cheap jerseys increases gold’s lure as a ‘safe-haven’ asset.

As the dollar fell on Monday against other major Biomedfood currencies, equity markets posted sharp losses and global oil prices continued to fall, investors moved cheap mlb jerseys to push money into gold to protect assets.

There is a spreading belief that gold’s 5 per cent gain last week, the biggest weekly rise since July 2013, is convincing investors of the metal’s sustainability in the volatile global market.

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