market

Gold Prices Soar to Record High
Gold Prices Soar to Record High
Gold Prices Soar to Record High
With financial markets in disarray and the US suffering from a debt downgrade, investors turned to precious metals for a safe-haven asset. Gold futures soared to an all-time high of $1,718.20 per ounce Monday at the Comex division of the New York Mercantile Exchange after rising three percent in morning trading.