USD 63.8487

-0.37

EUR 70.5975

-0.34

BRENT 64.63

-0.05

AI-92 42.38

0

AI-95 46.11

0

AI-98 51.86

+0.01

Diesel 46.16

+0.01

16

Gold On 25yr High Again

Gold price reached its highest level in a quarter of a century

Gold price reached 25year high in late trade in London on Tuesday on a weaker dollar and concern over Iran's nuclear programme, the gold price surged to $665 an ounce, its best level since October 1980.

Economists said that gold was also boosted by its safe haven status.

Gold has been regarded as a good store of value as high crude oil prices raise fears about inflation.