Gold Futures Soar Above $1,000 to New Record

Courtesy Digg - Business & Finance  Fri, 03/14/2008 - 11:27

NEW YORK (MarketWatch) -- Gold futures broke above the psychologically key level of $1,000 an ounce Thursday, propelled by ongoing dollar weakness and bleak news from the financial sector.

Early Thursday, gold for April delivery soared to a record high of $1,001.50 an ounce on the New York Mercantile Exchange for the first time that gold surpassed


 

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