Gold Price Hits Fresh Record Highs At 2,000.67

From investingcube.com

Another day another record for gold price as the bulls continues to bid any pullback in the precious metal. Gold price approach fast the 2,000 mark in early American trading session as the USD gives up early gains. Despite the recent stronger than expected economic data from the USA investors continue to run for safety at gold. The United States Factory Orders registered in at 6.2%, beating the forecasts of 5% in June. The ISM – New York Business Conditions Index climbed to 53.5 in July smashing the expectations of 15.8. The June reading was at 39.5. The IBD/TIPP Economic Optimism jumped to 46.8 in August from 44 ... (full story)