08 Aug '11, 5am

Gold prices hit record high of US$1,704.30 an ounce as dealers flock to the safe haven metal

Gold prices hit record high of US$1,704.30 an ounce as dealers flock to the safe haven metal

The price of gold reached $1,704.30 (S$2,065.78) an ounce in Hong Kong trade. -- ST PHOTO: GEORGE GASCON HONG KONG (AFP) - THE PRICE of gold struck a record high above S$2,060 an ounce on Monday with dealers flocking to the safe haven metal as Asian stocks tumbled following Standard & Poor's downgrade of US debt. The price of gold reached $1,704.30 (S$2,065.78) an ounce in Hong Kong trade. 'People are just taking their money out , especially from the dollar and euro and investing in gold and the Japanese yen,' a Tokyo-based trader told Dow Jones Newswires.

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

Tweets

Gold strikes record high above $1,700

channelnewsasia.com 08 Aug '11, 5am

HONG KONG - The price of gold struck a record high above $1,700 an ounce on Monday with dealers flocking to the safe haven...

Gold hits peak record

Gold hits peak record

channelnewsasia.com 12 Aug '11, 10pm

LONDON: Gold hit a record peak this week as investors sought shelter from slumping equities amid unfounded rumours of a Fr...

A Gold Ingot styled 4GB USB stick for a bling-loving geek

A Gold Ingot styled 4GB USB stick for a bling-l...

luxurylaunches.com 08 Aug '11, 9am

A Gold Ingot styled 4GB USB stick for a bling-loving geek UBB drives needn’t be plain and boring. If you are an opulence l...

No end to gold rush as precious metals prices s...

todayonline.com 04 Aug '11, 4am

Gold hit a record for a second straight day on Wednesday, powered by deepening fears over the spread of the euro zone debt...

Picture of the day: the high price of gold for the Amazon rainforest

Picture of the day: the high price of gold for ...

news.mongabay.com 11 Aug '11, 11pm

Demand for gold pushing deforestation in Peruvian Amazon (04/19/2011) Deforestation is on the rise in Peru's Madre de Dios...

July was the fourth-warmest on record via @nyti...

green.blogs.nytimes.com 09 Aug '11, 4pm

National Oceanic and Atmospheric Administration Results are in from the first stage of this summer’s heat wave, and it’s o...

Record heat, no solar means Texas is paying 40 ...

grist.org 08 Aug '11, 4pm

Texas is hotter than balls right now , and it's not just the state's farmers and wildlife that are paying the price for it...

Soaring demand spotlights secret NY gold hoard

straitstimes.com 31 Jul '11, 4am

NEW YORK - IF THERE'S one place a James Bond villain - or even some actual governments - would love raiding today, it's th...