Gold at record, jumps after disappointing GDP data Jul 29th, 2011 07:58 by News July 29 (MarketWatch) —
Gold futures traded at a record Friday, thriving on the bad news about the U.S. economy and after House leaders postponed a vote on the U.S. debt plan. Gold for December delivery added $16.10, or 1%, to trade at $1,632.10 an ounce on the Comex division of the New York Mercantile Exchange. It earlier traded as high as $1,637.50 an ounce.