August 22, 2011 / 12:10 AM / 7 years ago

Gold tops $1,900/oz to new record on world economic woes

The logo of a gold jewellery shop is seen in Bucharest August 19, 2011. REUTERS/Bogdan Cristel

SYDNEY (Reuters) - Gold extended its rally in early trading on Tuesday, surpassing $1,900 an ounce for the first time amid persistent concerns over the global economy.

At 2303 GMT, spot gold was fetching $1,906.89 an ounce, after rising as high as $1,912.09, according to Reuters data.

U.S. gold futures for December delivery were fetching $1,912.90 an ounce after settling up $39.70 at $1,891.90 on Monday.

Reporting by James Regan; Editing by Ed Davies

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below