Gold futures notched record highs Thursday morning, remaining above the benchmark value $1,500 U.S. per troy ounce as the U.S. dollar continues to weaken and concerns again reared about debt-hobbled euro-zone banks.
Greece begins its second year of trimming debt as the dollar plunged to its lowest value in nearly three years when compared to six counterpart currencies. Thus far this year, the precious metal has increased more than 6% in value and its record price now stands at $1,508.88 U.S. per troy ounce.
Early Thursday morning, gold futures gained 0.54%, an $8.10 climb to $1,507 U.S. per troy ounce.