Originally published Tuesday, August 31, 2010 at 1:55 PM
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Summary Box: Gold prices up as traders seek safety
GOLDEN PARADE: Gold settled at its highest level in two months Tuesday. The price is heading toward its record settlement of $1,258.30 an ounce, which was set earlier this year.
The Associated Press
GOLDEN PARADE: Gold settled at its highest level in two months Tuesday. The price is heading toward its record settlement of $1,258.30 an ounce, which was set earlier this year.
SAFETY IN OUNCES: Investors typically buy gold and silver for their reputation as safer assets during uncertain economic times. They will move that money into other commodities when they feel more like taking a risk.
DOWN ON FUELS: Oil, gasoline and natural gas all fell as traders remained wary despite slightly more optimistic economic news.
UPDATE - 09:46 AM
Exxon Mobil wins ruling in Alaska oil spill case
UPDATE - 09:32 AM
Bank stocks push indexes higher; oil prices dip
UPDATE - 08:04 AM
Ford CEO Mulally gets $56.5M in stock award
UPDATE - 07:54 AM
Underwater mortgages rise as home prices fall
NEW - 09:43 AM
Warner Bros. to offer movie rentals on Facebook
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