Gold drives 16-month high for international raw material index

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Gold drives 16-month high for international raw material index

An employee of the Korea Gold Exchange organizes gold pieces in Jongno District, Central Seoul, on Monday. [YONHAP]

An employee of the Korea Gold Exchange organizes gold pieces in Jongno District, Central Seoul, on Monday. [YONHAP]

 
An employee of the Korea Gold Exchange organizes gold pieces in Jongno District, Central Seoul, on Monday.
 
The international raw material index rose to its highest level in 16 months as the prices of gold and copper jumped to their highest.  
 
The price of gold rose as much as 1.4% to hit 3.3 million won ($2,450.07) an ounce on the first trading day of the week, surpassing a previous intraday record reached in April.

BY CHOI HAE-JIN [[email protected]]
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