Gold Prices Extend Climb (GC in The Wall Street Journal)

13 May 2010  Wall Street Journal

Wall Street Journal

Gold futures hit a record as investors fretted about how much of a fix the euro-zone bailout will be and whether it will prove inflationary.

Most actively traded gold for June delivery rose $22.80, or 1.9%, to $1,243.10 an ounce, the strongest settlement for such a contract on the Comex division of the New York Mercantile Exchange. It hit an intraday high of $1,247.70.

http://online.wsj.com/article/SB10001424052748703339304575239834281327088.html