- MarketPulse - https://www.marketpulse.com -

Gold Breaks $1,100

Gold broke through the $1,100 an ounce barrier today on news that Sri Lanka is the latest country to sell part of its US dollar holdings in order to buy gold. The announcement comes just days after India bought nearly $7 billion in gold.

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Scott Boyd

Latest posts by Scott Boyd (see all [3])