Gold Price Today Is getting High and High

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Gold added $1.65 to $1,228.60 an ounce by 11:21 p.m.EDT, having hit an intraday high of $1,229.65. Bullion had rallied to $1,237.15 last Thursday, its strongest since early July, after new U.S. jobless claims hit a nine-month high.

“There’s still a lot of investment demand,” said Mark O’Byrne, executive director of brokerage GoldCore Ltd. in Dublin. “There’s growing concern about the economic recovery. Gold is technically looking better.”

Today the gold price is 1230.42 by the goldprice.org and the gold is getting high and high day by day the price is rising like people are buying it but fact is that the economy is getting down still the price of gold is getting high and high.

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