Gold soars to record above $850 an ounce
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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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Global mining giant BHP Billiton posted the biggest net profit in Australian corporate history as soaring commodities prices and strong demand from China pushed net profit up 83 percent to 3.51 billion US dollars.
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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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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 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 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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Gold hit its highest level in more  than 16 years Tuesday as a steadier dollar failed to cool  worries over the currency's outlook, while Asian stocks gained  after a solid performance on Wall Street.
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The price of New York crude surged to a new record high of 81.80 dollars a barrel on Tuesday ahead of a US interest rate call and as traders fretted over tight energy supplies in the United States.
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Gold rallied to its highest level in  more than seven weeks on Monday, hovering near a record high of  $850, on a weak U.S. dollar and tensions in Pakistan after the  killing of politician Benazir Bhutto.
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Gold rallied to a 7-week high on Monday and close to a record high of $850 on speculative buying driven by a weak U.S. dollar and tensions in Pakistan following the assassination of opposition leader Benazir Bhutto.
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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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Mining giant BHP Billiton today unveiled record full-year results after commodity prices soared on the back of surging demand in China.
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Gold hit a record high above $900 an ounce on Monday as turmoil in financial markets, expectations of aggressive U.S. rate cuts and a falling dollar helped raise the metal's safe-haven appeal.
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A new gold-backed security named streetTRACKS Gold Shares made a much-hyped debut on the New York Stock Exchange on Thursday, aimed a attracting the investment capital that helped lift the bullion price to a 16-year high
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Gold punched right through $640 on Thursday afternoon to a 16-week high as the dollar fell further against major currencies, attracting fund buying.
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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 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.