23
September
Gold hits record high; $1,500/oz by Christmas
23 September 2010 The Telegraph
Gold futures, which have risen for five consecutive days, climbed 1.3pc to a record $1,298 an ounce on the New York Mercantile Exchange on Wednesday, after investors fled to safe haven as fears were raised about the strength of the dollar. The spot price of gold peaked at $1296.30 an ounce.
Analysts said there was "no end in sight" for the gold rally, which has seen prices rise by 36pc since the start of the year.
http://www.telegraph.co.uk/finance/newsbysector/industry/8019112/Gold-hits-record-high.html
