In an unprecedented show of cooperation between firms, money managers are sharing information with one another to construct the best portfolios for their clients
Gold prices set another new mark Wednesday before settling back down. In addition to gold, silver also reached a new price level not seen in 30 years.
Gold prices remained constant on Tuesday, as investors waited for the US Federal Reserve meeting Tuesday in Washington. Gold prices reached an all-time high Monday of $1,283 an ounce.
Gold prices hit a record high on Thursday as the softer dollar and uncertainty about economic and financial stability persuaded investors to seek a safe place to park their assets.
Some 73 percent of traders believe worries over sovereign debt default may boost the price of gold, a new survey says.