Gold fever as price hits new high
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China Daily, August 11, 2011
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Gold futures on the COMEX division of the New York Mercantile Exchange rallied on Tuesday, sending gold prices to a new high, after the US Federal Reserve said it will keep interest rates low "at least through mid-2013," which lowers the opportunity cost for gold investors.
The most active gold contract for December delivery added $29.80, or 1.7 percent, to $1,743 per ounce, the highest closing in history.
Here are some unexpected things made of gold:
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Golden shoe displaed at 2005 China International Jewllery Expo. [CFP] |
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