Summary Box: Gold sets record high amid investor worries about economy, weaker dollar

By AP
Thursday, September 16, 2010

Summary Box: Gold sets record on economic fears

MOVING ON UP: Gold prices set a record high for the second time this week, driven by investors uncertain about the pace of economic growth. Gold is perceived as a safer asset to hold in uncertain times.

MIXED SIGNALS: A series of economic reports signaled snail-like job growth and uneven manufacturing activity, which led to mixed commodities prices.

CORN BOOST: Corn prices extended their gains a day after reaching a two-year high Wednesday because of uncertainty about production levels during this year’s harvest season.

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