Gold futures hit record high of $993.30 an ounce on Nymex

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Gold futures hit record high of $993.30 an ounce on Nymex

Date Added: March 05, 2008 12:36:13 PM

Souce: http://www.marketwatch.com/news/story/gold-futures-hit-record-high/story.aspx?guid=%7B57AA160A%2D6BC2%2D43BB%2D9878%2D7F0B27BED95B%7D

Gold futures hit record high of $993.30 an ounce on Nymex

By Polya Lesova

Last update: 11:37 a.m. EST March 5, 2008

NEW YORK (MarketWatch) -- Gold futures surged to a record high of $993.30 an ounce Wednesday on the New York Mercantile Exchange, boosted by ongoing investment flows into commodities, a rally in crude oil and the dollar's tumble to a record low against the euro. Gold for April delivery was last up $23.90 at $990.20 an ounce. The euro rose to a new record high against the dollar of $1.5301.