Gold price rallies to over $1,700 per ounce

Updated: 2012-01-27 16:00

By Lu Yanyu (

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Gold price rallies to over $1,700 per ounce

A shop assistant displays a piece of gold jewelry at a gold shop in Qingdao city, East China's Shandong province, Jan 20, 2012. Gold price continued to rally as the US Federal Reserve pledged to keep interest rates low until late 2014 and gold future on the COMEX Division of the New York Mercantile Exchange rose to over 1,700 dollars(10,769 yuan) per ounce on Jan 25, 2012.[Photo/CFP] 

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