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>Gold Futures Top $1,500 on Outlook for Escalating U.S. Debt, Dollar Slump

>Gold Futures Top $1,500 on Outlook for Escalating U.S. Debt, Dollar Slump
By Pham-Duy Nguyen – Apr 19, 2011 4:04 PM ET

Gold futures rose to a record $1,500.50 an ounce as U.S. debt concerns weighed on the dollar, boosting demand for the precious metal as an alternative investment. Silver surged to a 1980 high.

https://www.bloomberg.com/news/2011-04-19/gold-futures-top-1-500-on-outlook-for-escalating-u-s-debt-dollar-slump.html

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