The price of gold leaped to a record high Monday at $1,173.50 per ounce, up 1.9 percent from the close of business on Friday. The price of gold exactly a year ago was $815 per ounce.
Financial buyers now comprise almost a third of the investors in the commodity, according to The Guardian; prior to the world economic crisis, they represented less than 10 percent of the market.
Financial buyers now comprise almost a third of the investors in the commodity, according to The Guardian; prior to the world economic crisis, they represented less than 10 percent of the market.
Read more