Global Markets-Gold roars to record high, dollar dives again – ZAWYA

Global Markets-Gold roars to record high, dollar dives again – ZAWYA

global markets-gold roars to record high, dollar dives again dollar at 22-month low, euro sails up through $1.17    image used for illustrative purpose. gold bars from the vault of a bank are seen in this illustration picture taken in zurich . london - gold soared to an all-time high on worsening ties between the united states and china, a sinking dollar and ultra-low interest rates on monday, while stock markets faltered before a deluge of corporate earnings.europe's main stock markets were still hurting after their first weekly drop in four and as the euro's fastest gains since early 2016 took past $1.17 /frx , but it was weakening dollar and precious metals surge that dominated.gold made a 1.6% jump to surpass its 2011 highs and put $2,000 per ounce in its sights. silver climbed another 7.5%, to take its july streak past 30%, which would be its best month on record. europe's main stock markets were still hurting after their first weekly drop in four and as the euro's fastest gains since early 2016 took past $1.17 /frx , but it was weakening dollar and precious metals surge that dominated.london - gold soared to an all-time high on worsening ties