15
September
Gold Hits Record As Econ Worries Rise Again (GoldCore in WSJ)
15 September 2010 Wall Street Journal
Investors propelled gold to record highs Tuesday as they continued buying the precious metal as a way to offset potential losses from a faltering global economic recovery and dollar.
The most actively traded gold contract, for December delivery, rose $24.60, or 2%, to a record settlement of $1,271.70 an ounce on the Comex division of the New York Mercantile Exchange. The intraday high was $1,276.50. Nearby but thinly traded September gold also settled at a record, $1,269.70, up $24.60, or 2%.