Gold & Platinum Setting New Records

It's been a rollicking day in the precious metals market. From morning through afternoon, right up until this posting Gold, Platinum and Silver have been driving into unexplored territory. Gold has hit a new record high just above $926 and Platinum is riding near $1725, with Silver at $16.66 as of this posting.

Palladium also has run up a bit to about $385, though this pales in comparison to it's tremendous highs from just a few years ago.

The continued depression of the dollar, coupled with recent concerns over possible Gold shortages due to mining power outages, seems to be at the root of the present run.