Gold price stays near record high
On Tuesday the spot gold price rose to a new record high at around $2,531.00 per troy ounce as demand for the precious metal remained high. Last month global gold jumped to near the highest level in 14 years in July.
The price of gold now targets the $2,550.00 region.
Strong support sits between the $2,469.00 mid-July high and the $2,445.00-to-$2,480.00 early to mid-August highs.
