30
September
NY Gold Sets Another Record As Dollar Dips (GoldCore in WSJ)
30 September 2010 Wall Street Journal
Gold futures settled at a new record above $1,300 for the second-consecutive session Wednesday as expectations of more U.S. stimulus money boosted the metal as a perceived dollar and inflation hedge. The most-actively traded gold contract, for December delivery, rose $2, or 0.2%, to settle at $1,310.30 a troy ounce on the Comex division of the New York Mercantile Exchange, marking the metal's 10th record settlement in the last 12 sessions. The contract hit a record.
