Gold jumped 3.5%, surpassing the $ 1600 after the agreement of European

By : mina sabry

On : 4:33:00 PM

In : business

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Gold rose 3.5%, surpassing the $ 1600 an ounce on Friday, with gains increasing crude oil and U.S. stocks due to economic optimism after the agreement of EU Member States to help the distressed.


The total gold in the spot market of $ 1602.90 an ounce, up 3.3% from the previous meeting.