Gold New Record Nominal Highs ($1,625.70) as CDS Traders Start Positioning for U.S. Downgrades
Posted by shbanchang on July 27, 2011
Gold is trading at USD 1,620.40, EUR 1,120.50 and GBP 989.08 and CHF 1,298.50 per ounce. Both the dollar and the euro are under pressure again today and gold has reached another new record nominal high of ,625.70/oz in early European trading.
Cross Currency Rates
European indices are marginally lower after a mixed performance [...]
Filed Under: US - Comments: Be the First to Comment
Tags: $1625.70, Downgrades, Gold, Highs, Nominal, Positioning, Record, Start, Traders, U.S.
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