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Gold price above $900
- Sunday, May 18 - 2008 at 14:10
Gold prices have hit $905 an ounce on the New York exchange market, rising from $882 late last week. Rapidly rising oil prices, which reached $128 a barrel, have sparked a buying spree. Silver has also risen in price, reaching $17 an ounce. Earlier this year gold prices broke the $1,000 an ounce barrier before falling back again. Financial analysts believe gold could hit $2,500 an ounce within a few years.
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StaffSunday, May 18 - 2008 at 14:10 UAE local time (GMT+4)
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