Gold Reaches Record High
September 14, 2010Gold contracts for December delivery reached record prices today on the New York Mercantile Exchange.
The price per troy ounce surpassed $1,270 per ounce, with silver. platinum and palladium also gaining ground.
Silver is trading at over $20.00 per troy ounce, while platinum hit $1,591 and palladium $550 per ounce at midday.
Gold is getting much more coverage during these lowsy economic times as one of the few places to put your hard earned money. Following are a few articles from today:
Gold to hit $1,300 an ounce by year's end, GFMS says (marketwatch.com)
Gold Hits Record as Investors Scramble for Safety (abcnews.com)
Gold Prices Surge, Top $1,270 (thestreet.com)
Go to Gold (bullionvault.com)
Holiday gold rush: It's the season to buy gold (philly.com)
To follow metal prices throughout the day, we have a page dedicated to charting the major metals for your convenience. It's called Current Metal Prices and you can find it on our website under the Live Prices tab.