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(Image from article: "NewsWatch: Gold hits new record above $1,100")

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Gold Futures Topics

Gold Dips Below $1,600

Gold futures slid to a six-month low as some investors lost confidence in gold's prospects after billionaire George Soros reduced his bullion holdings by half.

Gold Settles at Record $1,556

Gold futures topped $1,550 a troy ounce. The silver contract for July delivery settled at $48.599, its highest settlement ever.

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NewsWatch: Gold hits new record above $1,100

Gold futures barrel to a new record high above $1,100 an ounce, as news that the U.S. unemployment rate topped 10.2% in October boost expectations the Federal Reserve will keep interest rates near zero well into next year, pressuring the dollar.

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