Dollar Woes & Gold Highs

Market News

Gold Investing News reports gold price has been high for the third week in a row. Gold reached $1,058 an ounce on Thursday, powering past Wednesday’s high of $1,048.4. On Tuesday, it passed the $1,033.9 an ounce record set in March last year. Top miners Barrick Gold (TSX:ABX) in Toronto and Newmont Mining (TSX:NMC) in …

Gold Investing News reports gold price has been high for the third week in a row.

Gold reached $1,058 an ounce on Thursday, powering past Wednesday’s high of $1,048.4. On Tuesday, it passed the $1,033.9 an ounce record set in March last year.

Top miners Barrick Gold (TSX:ABX) in Toronto and Newmont Mining (TSX:NMC) in New York rose 4 per cent and 7 per cent respectively on Wednesday, while small players such as Eldorado Gold (AMEX:EGO), up 10 per cent, fared even better.

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