Gold heads for largest yearly rise in 3 decades
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Gold was on track for its biggest yearly gain since 1979, with prices hovering on Monday about $10 an ounce away from its historic highs.
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Gold surged 2 percent to trade above  $900 on Thursday and platinum hit a historic high, as investors  snapped up the metals on dollar weakness and firmer oil prices,  analysts said.
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Gold hit its highest level in more  than 16 years on Tuesday as a steadier dollar failed to cool  worries over the currency's outlook, while Asian stocks gained  modestly after a solid performance on Wall Street.
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Gold, oil and copper prices rose on  Tuesday, with copper recording its biggest ever one-day gain  and nickel touching a record high as investors returned after  last week&#039;s sell-off.
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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 hit $440.00 an ounce, its highest  in 16-1/4 years, in Europe on Monday and was seen consolidating  before rising further on a shaky dollar.
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The price of gold soars to a new record, driven by concerns about inflation and strong oil prices.
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Oil moved higher on Thursday alongside  gold, which rose after Pakistani opposition leader Benazir  Bhutto was killed in a gun and bomb attack.
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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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Platinum hit a record high for a third straight session Monday as investors bet that a power shortage in South Africa will tighten global supply for the metal used in jewelry and automobiles.
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The price of gold rose to a 16-year  high above $455 an ounce on Wednesday as investors piled into  the hard asset amid widespread worries about the dropping U.S.  dollar.
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Gold surged to a historic high above $910 an ounce, as investors rushed in to buy the metal on further weakness in the dollar and expectations of a sharp cut in U.S. interest rates, analysts said.
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Gold may top a 15-year high of $435 an ounce on speculation the re-election of US President George W. Bush will erode the dollar&#39;s value and make precious metals more appealing than US stocks and bonds, a survey showed.
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Australia&#39;s economy expanded 1.6 percent in the March quarter, posting its strongest growth in three years and sending the Australian dollar to a 17-year high, official data released Wednesday showed.
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NEW YORK, September 29  - The global economy is expected to witness its highest growth rate in the past three decades this year, the International Monetary Fund (IMF) said in its World Economic Outlook announced today.
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Gold price at record levels? Pah! It ain't like it used to be. Compared with the frenzy that went on back in 1979-80, the last time prices were this high, reaction to the current rise to record levels for the yellow metal is decidedly tame.
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The world&#39;s largest gold producer, Newmont Mining Corp. (NEM.N: Quote, Profile, Research) , on Wednesday said higher gold prices drove up quarterly profit by 12.