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London-Sana
The price of gold has surpbaded the psychological threshold of $ 1,500, as investors bought precious metals in the context of declining stock markets, fearing a slowdown in global economic growth.
The price of gold in cash transactions jumped more than 1% to 1516.78 dollars an ounce, reaching a new high in more than six years before bringing the gains to 0.96% at 1511.15 dollars at the end of the US trading session yesterday.
Futures on US gold rose 0.6% to settle at $ 1,517.20 an ounce.
Among the other precious metals, silver rose 0.7% to $ 17.05 an ounce, while platinum fell 0.8% to $ 852.50 an ounce .
Palladium rose 0.4% to $ 1,427.50 an ounce.
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