Gold Prices Continue To Soar Above $700
Source: RTT News (9/11/07)
...The metal reached as high as $715.60 in early trading, close to a 16-month high.
Bullion is up sharply for the fourth straight session as the U.S. dollar remained weaker against the other majors. The dollar traded near a monthly low against the euro and sterling on Tuesday morning. With the U.S. economy struggling, traders turned to gold as a hedge.
In general, gold has been trending higher for about four weeks...