Gold has risen to a record high again – but where will the price go next? Should investors look to take profits or hang on for further gains?
* The price of gold has hit a new all-time high.
* The precious metal reached a record high of more than $1,050 an ounce on Thursday morning.
* It is the third record-setting price in as many days.
The price will probably top US$2,000 an ounce in the next decade, according to investor Jim Rogers. Bullion, which touched a high of US$1,054.68 an ounce yesterday, is heading for a ninth annual gain as the Dollar Index, a six- currency gauge of the dollar’s value, has shed 6.5 percent this year. More >>>
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