Don't miss

Replay


LATEST SHOWS

THE INTERVIEW

Erdogan to rid Turkish institutions of ‘separatist cancer’ after coup attempt

Read more

ENCORE!

The best of summer music festivals in France

Read more

FRANCE IN FOCUS

Going for gold: French athletes train for Rio Olympics

Read more

#TECH 24

Digital beauty

Read more

FOCUS

Women doctors in Pakistan challenge the status quo

Read more

BUSINESS DAILY

Trump hopes to reset America's trade relations

Read more

IN THE PAPERS

'Donald Trump's speech was just another scam'

Read more

IN THE PAPERS

Cazeneuve at the heart of Nice security controversy

Read more

EYE ON AFRICA

South Africa: Prosecutors seek longer sentence for Oscar Pistorius

Read more

Business

Gold hits record price of $1,900 per ounce

Text by News Wires

Latest update : 2011-08-23

Gold rose above $1,900 an ounce in Hong Kong for the first time on Tuesday as dealers flocked to the safe haven asset due to growing concerns over the state of the global economy.

AFP - Gold soared above $1,900 an ounce in Hong Kong for the first time on Tuesday as dealers flocked to the safe haven asset due to growing concerns over the state of the global economy.

The precious metal was trading at $1,914.50-$1,915.50 an ounce in the morning after opening at $1,898.00-$1,899.00.

Date created : 2011-08-23

COMMENT(S)