Gold prices hit record highs above US$1,180 (HK$9,204) an ounce yesterday, boosted by a weak dollar and a report that India may consider buying more bullion from the IMF.
Spot gold had hit a high of US$1,182.70 in London against US$1,168.90 in New York late on Tuesday.
US gold futures for December delivery in New York also hit a record US$1,182.40 an ounce.
India's Financial Chronicle said the country is open to buying more gold from the International Monetary Fund, which has another 200 tonnes to sell.
The dollar hit a 15-month low against a currency basket after US Federal Reserve minutes showed policymakers saw the greenback's recent decline as "orderly." The dollar fell to a 10-month low against the yen and a 15-month low against the euro.
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The ailing dollar led to US crude for January rising 29 US cents to US$76.31 a barrel in late afternoon trade in London.
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