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    gold investing

    Gold hits record above $1,360/oz

    Written by Investing News Network
    |
    Oct. 07, 2010 02:26PM PST

    On Thursday, Gold prices rose to a record high above $1,360 an ounce, extending earlier gains made on the back of a slide in the U.S. dollar and the potential for key Asian consumer Vietnam to resume bullion imports.

    On Thursday, Gold prices rose to a record high above $1,360 an ounce, extending earlier gains made on the back of a slide in the U.S. dollar and the potential for key Asian consumer Vietnam to resume bullion imports.

    The press release is quoted as saying:

    At 0828 GMT spot gold XAU= was quoted at $1,362.40 an ounce, up from $1,345.80 late on Wednesday, having risen as high as $1,364.60, marking a new all-time peak.

    Click here to access the entire press release

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