Spot gold hits new 6-year peak on sagging dlr, Iraq

Newswire

NEW YORK, Jan 24 (Reuters) - Spot gold shot to six-year highs on Friday as fears of looming war in Iraq attracted heightened interest in the safe-haven metal, while the U.S. dollar weakened and blue-chip stocks sank, dealers said. Spot was quoted at $369.10/9.90 an ounce at 1330 EST, after touching a high of $369.80, its highest mark since December 1996. Bullion earlier fixed in the London afternoon session at $366.00 an ounce, its highest fix level since January 2, 1997, and up from the ...

Premium Content (PAID Subscription Required)

"Spot gold hits new 6-year peak on sagging dlr, Iraq" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×