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Gold hits $1,000 record high !

I couldn’t resist posting this. Even if it’s just for the record. :-D ;-) :-D

NEW YORK (Reuters)

U.S. gold futures rallied to a record high of $1,000 an ounce on Thursday, fueled by a combination of a weakening dollar, strong investment demand and inflation fears due to rising crude oil prices.

At 8:27 a.m. EDT, the active contract for April delivery was up $17.30 or 1.7 percent at $997.70 an ounce. Just minutes earlier, it had hit an all-time high of $1,000 on the COMEX division of the New York Mercantile Exchange.

(Reporting by Frank Tang; Editing by John Picinich)

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