October

Gold firm on easing hopes and dollar weakness

4 October 2010 Reuters

Spot gold was steady on Monday after hitting record highs for six consecutive days on continued expectations of more monetary policy easing by the U.S. Federal Reserve and related dollar weakness.

Spot gold gained $1.05 at $1,316.65 an ounce by 11:34 p.m. ET, after hitting a new record of $1,320.80 on Friday.

http://www.reuters.com/article/idUSTRE67F05920101004

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Gold firm on easing hopes and dollar weakness