CAPITAL MARKETS

Gold hits new highs

GOLD futures are trading at record highs this morning.

Gold hits new highs

The December Comex contract rose as high as US$2042.30 an ounce at 8:20am AEST, and last traded at about $2037.60/oz. Van Eck said a $3000/oz gold price was "reasonable". "If one believes, as we...

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