Gold Rates, Gold Ounce Price Today 08/20/10. Gold Investment August 20 2010

The current price of gold Precious Metals Gold Investment

The current price of an ounce of gold showed no significant changes in the present day, contributing about $ 1,230, investors prefer to invest in gold as a safer alternative Because the reports on the U.S. economy are not positive and keep the insecurity and fear about a possible recession.

The price of an ounce of gold traded at $ 1,229.25 compared to $ 1,230.10 the previous day in New York market. Thursday, ‘the price of one ounce of gold reached a peak of $ 1,237.15 after news of an increase in job applications in the United States.

Although low light today with the advance of the dollar, analysts said concerns about a possible recession in the United States favors gold price to strengthen it and threw a number as an alternative to invest with greater confidence.

On the other hand, silver was trading at $ 18.16 compared with 18.24 late Wednesday, platinum was trading at 1510.60 compared to 1520.50 the previous day, while palladium was trading at 474.53 to $ 481 from the previous day.

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