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Gold Hits $1900 First Time Since 2011

Published 2020-07-24, 09:28 a/m
© Reuters.
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Investing.com - Gold prices breached $1,900 an ounce for the first time in nine years on Friday, culminating in a week-long rally powered by assurances of more stimulus measures worldwide to fight the coronavirus.

Gold futures on Comex were up $11.90, or 0.6%, at $1,901.90 per ounce by 9:23 AM ET (13:23 GMT). The market earlier hit a session peak of $1,904.10. That was the highest since September 2011, when Comex gold hit a record high of $1,911.60.  

 

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