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As suspected Gold sets a new record this afternoon

Earlier this afternoon the prospect of Gold taking out the prior all time high at $2,790.10 was highlighted in an update here. Well, as you can see that is what it has now done and extended above that prior record, setting a new record close to $2,800 a short while ago. The high seen so far has been set at $2,798.59 and it might not be finished with yet. The prospect of yet further records above $2,800 today is clearly live, but at the same time not a foregone prospect. Gold is just now trading at $2,794.80

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