Gold Prices Settle at a New High

Gold prices shrugged off earlier volatility and settled at a record high Monday.

GLD Gold for December delivery settled $9.10to $1,354.40 an ounce at the Comex division of the New York Mercantile Exchange. The gold price traded as high as $1,356.30 and as low as $1,341.10 during Monday's session.

The U.S. dollar index was inching up 0.31% to $77.42 while the euro was down 0.36% to $1.39 vs. the dollar. The spot gold price was up more than $6, according to Kitco's gold index.

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- Posted: 2010-10-11 17:23:13

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