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New record high for Oil
$875 gold on bargain hunting, $120 oil
By David Bradshaw Monday, May 5, 2008Monday gold prices rose near $875/oz. on bargain hunting as the dollar fell and oil rose sharply. Gold closed in NY up $18.40 to $874.00/oz., silver rose $.33 to $16.69/oz.
$875 gold on bargain hunting, $120 oil—LISTEN
“Oil prices surged to a new record over $120 a barrel, raising concerns about higher prices for gasoline and goods and services throughout the economy,” reports AP…
