Gold led trading this week with the price of bullion moving closer and closer to the record high of $1,030.80 a troy ounce which was set in March 2008. Prices reached $1,023.85 last Thursday but then dropped back again to $1,012 on Friday. This means that overall the
price of gold is up 0.7% on the week. The price is gaining in strength as investors
buy gold because of concerns about inflation and because the dollar price continues to fall.
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