The price of gold edged to its highest level in 18 months today as investors seek alternative homes for their cash amid US dollar weakness and predicted continuing low interest rates.
The metal is traditionally seen a 'safe' investment for investors and tends to benefit when markets and economies hit troubled times.
Gold has enjoyed a significant rally in recent days, rising by $50 since September 1. It reached an all-time high of around $1,033 last March, as worries about the financial crisis brewing in the US hammered the country's currency.
Goethals Delphine
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The price of gold edged to its highest level in 18 months today as investors seek alternative homes for their cash amid US dollar weakness and predicted continuing low interest rates.
The metal is traditionally seen a 'safe' investment for investors and tends to benefit when markets and economies hit troubled times.
Gold has enjoyed a significant rally in recent days, rising by $50 since September 1. It reached an all-time high of around $1,033 last March, as worries about the financial crisis brewing in the US hammered the country's currency.
Where are your sources? I googled your text and I found a site with some of your text literally taken from it. That is called plagiarism.
http://www.heraldscotland.com/business/markets-economy/gold-hits-18-month-high-as-investors-shun-dollar-1.918481
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