Gold reached a record high risk aversion

Gold prices touched record on Tuesday above $ 1,250 an ounce in Europe and reached historic highs against several currencies, driven by purchases of investors away from risk and sought refuge in the metal by the volatility of other markets.

Contao Spot gold hit a high of $ 1,251.05 an ounce, compared to paid $ 1,247.95 an ounce on Monday in New York. Gold futures for August reached a maximum of $ 1,254.50. The precious metal also hit record highs in prices denominated in euros, pounds sterling and Swiss francs.

In one week, gold gained more than U.S. $ 50 and manages historical prices

The metal price increased nearly $ 8 for its closure yesterday. The jaguar is marketed at $ 1047. Investors migrate to the weak dollar.
The metal price increased nearly $ 8 for its closure yesterday. The jaguar is marketed at $ 1047. Investors migrate to the weak dollar
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Gold hit a record Wednesday on the spot and future markets, supported by a weaker dollar attracted investors on a buying mood toward the precious metal, traders said.
The spot gold prices advanced at a record high of $ 1045.85 an ounce, while gold for December delivery on the COMEX futures market for U.S. came to $ 1046.80 an ounce.
The dollar fell 0.12 percent against a basket of major currencies.