Tag: Gold

Follow up to post Gold Hits Record High at $1,035.95 on Weak Dollar Australia’s second biggest gold company Lihir Gold Ltd says the price of gold could climb to $US1,500 per ounce. Gold rose to a record high of $US1,062.70 an ounce on the New York Mercantile Exchange on Thursday. The value of gold has soared in recent weeks as the US dollar experienced weakness, China restocked and investors looked …Read more

Gold Hits Record High at $1,035.95 on Weak Dollar. Update: Gold climing fast just broke $1,040

Follow up to my previous post The demise of the dollar The news has already taken affect. I would also …Read more