Gold hedging demand
Because the U.S. has not raised the debt ceiling to reach an agreement, and Moody's announced cut Greece's
sovereign debt rating, risk aversion, the spot price of gold after the opening jump to another record high,
and since then has been steady at $ 1,612 / ounce level above the . Spot gold on Monday (July 25) opened
at $ 1,617.1 / oz, up to 1621.4 U.S. dollars / ounce, a new record high
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