More News
- Page Two
- News Links
Anarchives
Radio/TV
- Declare Your Independence with Ernest Hancock
Letters To Editor
- List of Letters
- Write a Letter
Join Us
Marketplace
- Buy Stuff - Sell Stuff
- Store on CafePress.com
Special Editions
RSS Feeds
About Us
Log-In

Make a Comment (1) • Email Link • Send Letter to Editor

IPFS News Link • Precious Metals

Gold at new record on wobbly dollar, stocks weak

11-12-2009 • AFP

The price of gold surged to an all-time high point above 1,123 dollars per ounce here on Thursday, as trade was driven by buoyant stock markets and the weak US currency, analysts said.

On the London Bullion Market, gold jumped as high as 1,123.38 dollars an ounce.

"The metal remained supported by stronger equities and the weaker dollar," said James Moore, analyst at specialist metals website TheBullionDesk.com.

Read Full Story

Reported By Powell Gammill

Make a Comment (1) • Email Link • Send Letter to Editor

1 Comments in Response to Gold at new record on wobbly dollar, stocks weak

Comment by Powell Gammill

Entered on: 11/12/2009 11:13:55 AM

And the London and NY markets are hard at work driving the price down to $1,105. Sell, sell, sell! Take profit and invest your new dollars elsewhere like US bonds, eh?

Make a Comment (1) • Email Link • Send Letter to Editor