Gold Tops $1,000 as Dollar Weakens
Updated from 5:54 a.m. EDT
NEW YORK (TheStreet) -- Gold futures for December delivery rose to an intraday high of $1,009.40 on Tuesday as the dollar weakened and inflation concerns grew. The December contract, the most active, last traded at $1,006.80 on the New York Mercantile Exchange. It's the first time a front-month contract has traded above $1,000 in six months. The dollar fell to 92.18 yen from 93.05. -- Reported by Joseph Woelfel in New York . Follow TheStreet.com on Twitter and become a fan on Facebook.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,058.64 | 1,070.52 | 2,150.87 | 36.33 |
Oil *
72.22
|
|
UP
150.25
|
UP
13.78
|
UP
24.82
|
UP
0.41
|
10 Yr
3.63%
SPDR Gold
105.45
|
|
+1.52%
|
+1.30%
|
+1.17%
|
+1.14%
|
Data delayed 20 minutes |
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