Gold prices continued to rise on Tuesday, hitting their highest level in three months. According to market observers, the prospect of less sharply rising interest rates has increased demand for the precious metal. In the afternoon, the price of a troy ounce (31.1 grams) on the London Stock Exchange climbed to 1786 US dollars. The price of gold has not been this high since mid-August. The price of gold has been on the rise since the beginning of November. During that time, the precious metal has gained about nine percent.
Precious Metal – Gold Prices Climb to Three-Month High – Economy
