Gold: another top record

Money reaches a peak of 30 years with copper and oil defined two-year highs.

Spot Gold hit a record $ 1,394.25 money while once defined a maximum of 30 years $ 26.71 an ounce.

Copper on the London metal in its stock rose above $ 8,769.50 per tonne from $200 records more than two years. Industrial metal reached a record $ 8,940 per tonne in July 2008.

Oil reached a maximum two-year $ 87.22 barrel Friday.The price of oil was found more than half the ground lost between a record level of mid-2008 and the lowest in the deeper point of the recession.

But some analysts underlined the fundamental principles of oil have not recovered to levels seen prior to the financial crisis in 2008 and they warned if the rally would be sustainable.

Raw sugar futures on ICE set a maximum of 30 years in early trade before turning weaker than the dollar is ralliƩ.La March contract reference peaked at 32,30 cents a pound.

Sugar has more than doubled in price since may, supported by the narrowing of the inventories, resilient less than expected in the major producers of weather and demand output.

Agricultural products is is also removed as the dollar has increased even though soy remained in positive territory after sunrise earlier at the highest level for more than two years.

The Federal Reserve is committed to $600bn to buy bonds State Wednesday in an effort to expenses to support a US economic difficulty, a movement that has triggered a decline in the value of the dollar and a fast forward price.


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