Gold Price Tops $1,700 As Investors Seek Refuge

The price of gold streaked past $1,700 an ounce for the first time Monday. Investors, beset by worries about the U.S. debt downgrade, Europe's financial crisis and slowing global growth, sought safety in the metal as stocks tumbled around the world.

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BING NEWS:
  • Gold Prices Today: Up 31% YTD, yellow metal tops $2,700-mark on safe-haven demand amid US elections jitters
    Also Read: Gold price today: Rates jump to record highs ... Rising geopolitical tensions prompt investors to seek safe-haven assets such as gold, driven by risk aversion and concerns over global ...
    10/18/2024 - 2:14 pm | View Link
  • Gold price tops $2,700 for first time to extend record-breaking run
    Investors typically seek safety in gold in times of geopolitical and economic uncertainty. Investors were also repositioning portfolios ahead of the US election on Nov. 5. “Traditional polls and ...
    10/17/2024 - 9:42 pm | View Link
  • Gold Tops $2,700 for First Time to Extend Record-Breaking Run
    Investors typically seek safety in gold in times of geopolitical and economic uncertainty. Investors were also repositioning portfolios ahead of the US election on Nov. 5. “Traditional polls and ...
    10/17/2024 - 4:50 pm | View Link
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