Gold Hits Record High
Published / Last Updated on 22/08/2011
Gold Hits Record High.
The price of gold has hit a record high of $1,913.50. Fears of a slowdown in the global economy and debt crisis in Europe have drivenup the demand for gold.
Analysts believe the demand for gold was also being driven by speculation that the US Federal Reserve could be due to announce new measures in a bid to boost the economy.