Gold Taps New All-Time High

Gold futures continues to trade higher, last trading at $1234.60 per oz., up $33.80 on the session. Today gold reached a new all-time high.

The rise in gold is attributed to the EU monetizing the debt of Greece, which creates fears about the devaluing of fiat currencies and possible inflation.

Related ETFs and Stocks:

• SPDR Gold Shares (NYSE: GLD) +2.6%
  
• Market Vectors Gold Miners ETF (NYSE: GDX) +6%
  
• Market Vectors Junior Gold Miners ETF (NYSE: GDXJ) +6.5%
  
• Physical Swiss Gold Shares (NYSE: SGOL) +2.6%
  
• Barrick Gold Corporation (NYSE: ABX) +4.6%
  
• Goldcorp Inc. (NYSE: GG) +6.4%
  
• Newmont Mining Corp. (NYSE: NEM) 5.1%
  
• Yamana Gold (NYSE: AUY) +7%

You May Also Be Interested In

• Tesla readies August launch of CyberCab - The Information
• Kushner: conversations between U.S. and different areas of Iran govt are more robust than it has every been
• NVIDIA to invest $100bn for OpenAI data centre in Ohio - FT