Gold hits record high as investors eye U.S. policy

On Thursday, Gold rose to a record high in Europe and was on track for an eighth consecutive quarterly gain as the dollar fell amid concerns over the prospect of further U.S. quantitative easing.

The press release is quoted as saying:

Spot gold reached $1,314.85 an ounce and was bid at $1,314.50 at 1018 GMT (6:18 a.m. EDT), against $1,308.80 late on Wednesday. U.S. gold futures for December delivery also hit a record $1,316.20 an ounce and were later up $5.50 to $1,315.80.

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