LONDON, June 17: The price of gold surged to an all-time high point above 1,258 dollars an ounce on Friday, on the back of the weaker US currency and downbeat US economic data, traders said. In afternoon trading on the London Bullion Market, gold hit a record 1,258.38 dollars an ounce. "This could open the door to further appreciation towards the 1,300-dollar level in the coming weeks," said Rajesh Patel, head trader at financial betting firm Spread Co. —AFP
Gold hits all time high above $1,258 an ounce
FE Team | Published: June 19, 2010 00:00:00 | Updated: February 01, 2018 00:00:00
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