2
December
Gold's Rally Hits New Highs
2 December 2009 Wall Street Journal
Spot gold rallied strongly in Asia Wednesday, setting several record highs in rapid succession to rise 1.6% on the back of fresh money inflows.
After taking a brief breather following news of the Dubai debt crisis, gold's rally has resumed as investors allocated fresh funds at the start of the month, traders said.
At 0539 GMT, spot gold traded at $1,214.80/oz, up $18.80 on the New York close, following a record high of $1,215.70/oz.
http://online.wsj.com/article/SB10001424052748704107104574571031255756944.html?mod=googlenews_wsj
