Friday, 14 March 2008

Gold hits new record at $1,007

....as reported by the FT.....

Spot gold prices pushed to a fresh all-time high above $1,000 a troy ounce on Friday as investors sought refuge from financial turbulence after Bear Stearns, received emergency funding after its liquidity position “significantly deteriorated”.

2 comments:

LC said...

Gold will reach $2,000 by the summer

Anonymous said...

The dollar won't be around by summer at this rate.

Chefdave