Gold broke $ 1,600 an ounce

On Monday morning, July 18, the price of gold was able to surpass the $ 1,600 an ounce mark after 11 consecutive days of growth, reaching $ 1603.40. The rise in the price of gold was facilitated by the uncertain situation of debt bonds in Italy, as well as by the lack of progress in the U.S. Congress in raising the U.S. public debt ceiling.

July 18, 2011

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