Gold shoots to record 927 dollars an ounce
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The price of gold shot to a record 927.77 dollars here Monday as investors looked for safe havens from financial market turbulence and in response to stoppages at mines in South Africa.
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Gold futures hit a 16-year high Monday, continuing a bull run that has gold companies &quot;living the dream,&#39;&#39; according to one industry analyst.
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Gold hit its latest record on Monday,  approaching $900 an ounce as investors sought protection  against a potential U.S. recession and a weaker dollar, with  Asian stocks steadying after recent sharp losses.
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Gold shrugged off a tumbling U.S. dollar and fell more than 1 percent on Monday as investors cashed in on the metal's rally to a near three-decade high last week.
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Gold prices swept to a record high on Wednesday above the key $850-an-ounce mark, driven by surging oil, a weaker dollar and simmering geopolitical tensions that polished its safe-haven credentials.
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Oil vaulted to a record $100 a barrel on Wednesday as geopolitical turmoil, tight energy stockpiles in consumer countries and a weak dollar triggered a surge of speculative buying, dealers said.
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Gold swept to a record high on Wednesday  driven by surging oil, a weaker dollar and simmering  geopolitical tension, also ushering platinum to a record peak.
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Gold hit another record high above  $898 an ounce on Monday on speculative buying as uncertainties  in financial markets and expectations of aggressive U.S. rate  cuts raised the metal's safe-haven appeal.
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The price of gold hits another record high, touching $899.90 an ounce, as  investors seek havens.
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Many investors are mystified by gold and aren't warming to it even as prices hit 28-year highs and the world's top producer says market conditions are a positive "perfect storm" for the precious metal.
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Gold soared to record highs above $900 an ounce on Monday as equities struggled for gains and the dollar fell.
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Gold shrugged off a tumbling U.S. dollar and fell more than 1 percent on Monday as investors cashed in on the metal's rally to its highest in nearly three decades last week.
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Platinum hit another record high on Tuesday on a weaker dollar and a power crisis in South Africa which halted mining production, while silver touched a 27-year high to track firmness in gold.
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Gold hit a 28-year high in Europe on  Friday as the dollar&#39;s continued slide to record lows versus  the euro raised the metal&#39;s appeal to speculative investors.
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Oil vaulted to a record $100 a barrel on Wednesday as geopolitical turmoil, tight energy stockpiles, and a weak dollar triggered a flood of speculative buying, dealers said.
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Gold and platinum prices soared to record highs Friday after mine stoppages in South Africa, a leading producer of the precious metals, fed buying on supply concerns.
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Gold futures briefly rose above $900 an ounce Friday for the first time driven by high oil prices, a weak dollar and fears of a U.S. recession