Gold passes $450 per ounce for the 1st time since 1988
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Gold futures hit a 16-year high yesterday, continuing a bull run that has gold companies &quot;living the dream,&quot; according to one industry analyst.
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A sickly dollar lifted gold to a fresh 16-year high this week, just as a newly launched exchange-traded fund offered individual investors a new way to own the gleaming asset. But Wall Street experts, less than unanimous about its prospects, are divided about what sort of role gold should play in your portfolio.
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Gold was within reach of its highest  level in nearly 16 years on Monday, fired by a resurgent euro  and inflationary fears fanned by sky-high oil prices, dealers  and analysts said.
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Gold futures dropped more than &#36;5.50 an ounce to two-month lows Thursday as the U.S. dollar rose.
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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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Gold surged to a historic high above $910 an ounce on Monday as investors rushed to buy the metal on further weakness in the dollar and expectations of a sharp cut in U.S. interest rates.
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THERE has been no sudden and dramatic change in the gold price or the Australian dollar price against the US dollar to account for a deterioration in Sons of Gwalia&#39;s gold reserves serious enough to tip the company into administration.
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The global flight from risk knocked precious metals again on Friday, with gold falling below $650 an ounce for the first time in three weeks as shaky global stock markets prompted investors to reduce positions in commodities.
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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&#39;s outlook, while Asian stocks gained after a solid performance on Wall Street.
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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 soared to record highs above $900 an ounce on Monday as equities struggled for gains and the dollar fell.
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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 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 surged to a historic high above $910 an ounce, as investors rushed to buy the metal on further weakness in the dollar and expectations of a sharp cut in U.S. interest rates.
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Gold rose on Tuesday and held near an historic high hit the previous day, reflecting investors' interest in the metal as the dollar dropped on expectations of half-percentage-point cut in U.S. rates.
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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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$445.10 an ounce. While this isn&#39;t literally the highest price the yellow metal has ever fetched, it is a level we haven&#39;t seen for more than 16 years.