Gold price in China hits new high (4)

08:24, April 07, 2011      

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A sales clerk shows a gold necklace at a gold shop in Qionghai City, south China's Hainan Province, April 1, 2011. On Tuesday, the combination of a weak dollar, worries over inflation and debt crisis in euro zone and ongoing unrest in the Middle East pushed gold prices to new highs. The contract for June delivery closed at a record 1452.5 U.S. dollars per ounce, up 19.5 dollars per ounce. (Xinhua/Meng Zhongde)
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