Gold price hits 3-month high on softer dollar and Iraq crisis

Global Business

Gold is some way from the record highs it enjoyed during the turbulence of the global financial crisis. But it’s been enjoying a decent run lately. Gold future prices topped 1,327 dollars an ounce this Tuesday. That’s its highest level since March and also the second straight quarter of gains. Paul Sacks, the Chief Information Officer for Aurum Options Strategies shares his insight on this trend.

Gold price hits 3-month high on softer dollar and Iraq crisis

Gold price hits 3-month high on softer dollar and Iraq crisis

Gold is some way from the record highs it enjoyed during the turbulence of the global financial crisis. But it's been enjoying a decent run lately. Gold future prices topped 1,327 dollars an ounce this Tuesday. That's its highest level since March and also the second straight quarter of gains. Paul Sacks, the Chief Information Officer for Aurum Options Strategies shares his insight on this trend.
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