NEW YORK (AP) — As economic uncertainty deepens, the rush for gold continues — with prices for the precious metal topping $4,300 for the first time this week.
The going price for New York spot closed at a record $4,326 per troy ounce on Thursday. Futures also traded as high at more than $4,344 per troy ounce Thursday, before falling below the $4,300 mark Friday morning. Still, gold is up 6.7% over the last week, marking one of its best weeks to date.