Gold Zooms

Gold zooms to Rs 15,650
February 18, 2009
In these trying times when the global economy is reeling under a recession and investors are losing billions in the stock markets, gold has proved its mettle as a healthy investment option.
The price of the yellow metal surged to set a new peak at Rs 15,650 per 10 gram in opening trade in New Delhi on February 19 on brisk buying triggered by a firming global trend.
The precious metal, which is on a record setting spree for the last few sessions, shot up by Rs 230 to Rs 15,650 per 10 gram in tandem with its continuous rise in Asia since July.
Source:Rediffnews