euro zone sovereign debt crisis International gold price 1,609.88

due to expansion of the euro zone sovereign debt crisis, debt negotiations and the U.S. in trouble, this increased market concerns about the outlook for the economy, a lot of money into safe assets to avoid the risk of gold. International price of gold from July 4 until July 18, up 11 consecutive trading days, the gold price since 1980 after reaching 11 with yang, the re-emergence of this rare scene. July 18, the day the price of gold up on the red to $ 1,609.88 / ounce, setting a record high for gold.

In the course of gold prices, investors also continue to increase their gold. The world's largest gold etf spdr gold trust even in the sun during this 11, 43.53 tons of gold holdings. Gold etf gold held by the world number has reached record highs.