Gold Settled At Record,
Touched $1500.50/oz
April-19-2011--NEW YORK --Gold futures climbed to a record $1500 level Tuesday,
despite a sluggish move up, as traders drew positive sentiment from a weaker dollar and higher oil prices.
Gold hits key level of $1500 an ounce Gold prices broke records for a second day as investment demand for the metal soared. Buying interest continued to draw strength from Monday's announcement by credit ratings agency Standard & Poor's, which downgraded the outlook on U.S. government debt to "negative" from "stable."
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