The price of gold continued its upward run for investors at it touched a high for 2010 and its highest level in three weeks at US$1158 an ounce early in London on Friday, as stocks and commodities also climbed higher.
Spot gold prices advanced US$10.20 or 0.89% to close the week at US$1161.40, although it fell in late trade.
On the monetary front for investors, Federal Reserve vice-chairman Donald Kohn repeated last night how US rates will remain near zero for an "extended period" because jobs growth is "extremely weak".
http://www.proactiveinvestors.com.au/companies/news/6352/gold-hits-2010-high-6352.html
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