Gold climbed to record highs as the US dollar fell against some of the majors. In addition to dollar weakness, concerns about the health of the global economy sees investors move monies in to the perceived 'safe haven'. The highly traded December contract traded over the $1100 level following release of the non farms on Friday. With unemployment exceeding 10% in the US, it would appear that investors are still not convinced that we are out of the woods just yet.

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Gold & Silver

METAL

LEVEL

CHANGE

GOLD

1101.3

(+7.50)

SILVER

17.68

(+0.25)