Tuesday, August 23, 2011

Gold Futures Climb to Within Fraction of $1,900

Gold futures climbed to within a fraction of $1,900 per ounce for the first
time on Monday, sparked by QE3 speculation and concerns over the state of the
U.S. and euro zone economies. COMEX gold futures, per the December contract, hit
a new all-time record high of $1,899.40 per ounce as the open-pit session came
to a close.

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