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Gold has now reached a fresh all time sterling record high above 1 300 per ounce.
Gold price news bbc. The gold price has fallen to its lowest level in more than five years as talk of a us interest rate rise has led investors to sell the precious metal. The gold price falls below 1 200 an ounce its lowest level in almost three years after the us federal reserve said it could wind down its stimulus programme. It s up 12 7 in 2020 and has climbed 51 4 since david cameron called the brexit referendum four years ago.
Contact bbc news. The price of gold slumps after it earlier hit a six year high. On the commodity markets gold prices soared 170 between late 2008 and 2011.
Gold closed 2 5 lower at 1 104 60 an ounce. The price of gold slumps after it earlier hit a six year high. Investors have moved cash into the precious metal as covid 19 cases rise in the us and more.
Gold has topped 2 000 1 527 an ounce for the first time as traders look for havens amid the pandemic.
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