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Gold climbs past $1,150
Nov 18th, 2009 08:28 by News

LONDON (Reuters)

Gold rose to record highs above $1,150 an ounce as the dollar index languished after largely benign U.S. inflation data.

The metal remains firmly underpinned by technical support after several days of gains, and is likely to break through to further fresh highs in coming sessions after a build-up of momentum, analysts said.

Spot gold hit a high of $1,150.20 an ounce. U.S. gold futures for December delivery on the COMEX division of the New York Mercantile Exchange also hit a record $1,151.00.

[source]

Pound under new attack as agency says it will cut UK’s credit rating
Nov 11th, 2009 11:11 by News
Gold prices climb higher, hit new high after dollar sinks to fresh 15-month low
Nov 11th, 2009 10:21 by News
View of the Day: Gold dances to its own tune
Nov 5th, 2009 09:21 by News
Buffett says U.S. federal debt poses fresh threat to economy
Nov 3rd, 2009 09:36 by News
G20 to talk currencies, ‘moral hazard’: Canada
Nov 2nd, 2009 11:37 by News
Gold outlook rosy as market jitters persist-LBMA head
Nov 2nd, 2009 11:28 by News
China 2008 Net Gold Imports 112 Tons
Oct 22nd, 2009 09:25 by News
Dollar Slips Beyond $1.50 per Euro for First Time in 14 Months
Oct 21st, 2009 10:20 by News


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