Gold hits record above $910
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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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BHP Billiton, the world's largest miner, is expected to post an annual profit exceeding 10 billion US dollars this week, setting a new Australian corporate record, analysts predict.
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Gold prices rose Monday to their highest levels in 16 years as investors bought the precious metal as a safeguard against the weak dollar, high oil prices and the uncertaintysurrounding the US.
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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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The price of gold soars to a fresh all-time high, driven by the weak dollar and rising oil prices.
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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 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
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Precious metals prices soared Monday, with gold and platinum hitting fresh highs on a falling U.S. dollar and supply concerns fed by a fourth day of mine stoppages in South Africa.
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SYDNEY - Australian stocks rose 0.9 percent on Thursday, touching a new record as oil prices tumbled and as WMC Resources soared in the wake of a rejected A$7.
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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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LONDON: Gold squeezed out another 16-year peak yesterday afternoon in Europe at $437.40 per ounce, before shrinking back slightly with the euro after robust US data took the shine off bullion for non-US investors.
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Gold hit a record high above $900 an ounce on Monday as turmoil in financial markets and expectations of aggressive U.S. rate cuts helped raise the metal the metal's safe-haven appeal.
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The price of gold hit a record high Friday as production ground to a halt in South Africa on the back of a spiralling electricity crisis the government has labelled a national emergency.
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Gold and platinum prices struck fresh record highs on Friday as investors rushed once more to invest in commodities amid a recovery on global stock markets, analysts said.
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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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Gold rose to its highest in nearly three decades on Friday as a struggling U.S. dollar lifted its safe-haven appeal and purchases from speculators helped the metal defy selling pressure.
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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.