Summary Box: Gold prices set record high as investors look for safety net amid mixed news
By APTuesday, September 28, 2010
Summary Box: Gold prices set record high
RECORD GOLD: Gold prices hit at a record high as investors looked for a safety net. Gold rose $9.70 to settle at $1,308.30 an ounce.
MIXED BAG: Economic reports were mixed. Consumer confidence fell to its lowest point since February while a forecast is calling for declining home prices in some cities in the months ahead. Yet, another major corporate acquisition was in the works.
FALLING GRAINS: Wheat, soybeans and corn all fell as traders opted to take some profit and sell contracts ahead of a key government report on crops due later this week.
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