Gold Hits Record Above $1,140 on Weak Dollar
Gold raced to a record high above $1,140 an ounce Monday, gaining 2 percent as a weakened dollar boosted funds' risk appetite for investments across the board. Gains in gold spurred interest in other precious metals, with platinum, palladium, silver and rhodium all hitting their strongest levels in more than a year, largely driven by a tumbling dollar. .... Year to date, gold has risen 30 percent, outperforming the broad-based equities S&P 500 index, which has gained 23 percent over the same period.
Original Article: Forum: News/Activism
Tags: Dollar Gold, Gold 140, Investments, Ounce, Palladium, Platinum, Precious Metals, Risk Appetite, Weak Dollar, Weakened Dollar, X26, Year To Date