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Gold Breaks $1000/Oz

8 September 2009 45 views No CommentEmail This Post Email This Post

10 ounce_gold_bars

For the 6th time in history, Gold broke $1000 per ounce in the intraday market. It then settled just below it at $999/oz so its not a record but it’s still a historic moment. Indexed for inflation, Gold’s high of $850/oz back in the 80s would be equal to over $2,000/oz today.

Check out this video from the Financial Times about gold price reactions to historical events in the news.


[Click here to view the original file]

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