Gold soars as U.S. dollar drops
Gold prices soared to record highs for a third straight day Thursday while the U.S. dollar sold off, reaching a 14-month low against a basket of currencies.
The December bullion contract ended trading at $1,055.40 US an ounce, up $12.10, on the New York Mercantile after reaching a record high of $1,059.60 earlier in the day.
