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Gold Bugs Celebrate Again

Stock quotes in this article: GLD , IAU , ABX , NEM , HL , KGC  

Updated from 12:15 p.m. EST

Gold prices rallied to a new record close Wednesday as the dollar hit another all-time low against the euro.

December-dated contracts for bullion jumped $10.10 to close at $833.50 an ounce in New York. Prices for nearby futures weren't far behind, closing at $831 and decisively beating the prior spot price record of $825.50, set in January 1980. The market is still below the intraday record of $875, reached the same day 27 years ago.

Earlier in the most recent session, gold went to $848 an ounce. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

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