>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.