Gold Hits Yet Another Record High 07/11/2010
After trading down to $1,374 early this morning, the gold price bounced over $22 to its current level of $1,396 per ounce. Despite the U.S. dollar holding onto most of its gains versus the euro and yen, gold continues to hit fresh all-time highs – hitting a high print of $1,398 per ounce.
Gold mining stocks are following gold higher as the Market Vectors Gold Miners ETF (GDX) also traded to a new record high of $60.85 before giving back a portion of its gains this afternoon.
Short URL: http://www.goldalert.com/?p=6172
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