Spot Gold Hits New 2010 Record Above $1,218/Oz
1 min readSpot Gold Hits New 2010 Record Above $1,218/Oz
As of 1126 GMT, spot gold hit a 2010 record high of $1,218.40 a troy ounce, breaking the high of $1,213.80/oz hit Friday.
Meanwhile industrial metals traded lower with copper on the London Metal Exchange down 2.7% on the day, crude oil lower and platinum down.
Holdings in the largest gold exchange-traded fund hit a record high this week as well. SPDR Gold Shares now stand at a record 1,192.15 metric tons, a rise of 51 tons from a month ago and 33 tons from a week ago.
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