Gold prices to rise higher

In the New Gold Rush, Equipment Suppliers May Strike It Rich

The uncertain economy, high unemployment, and near record high prices for gold are luring droves of dreamers to the gold fields. But while some prospectors may find their fortunes, the biggest beneficiaries of the new gold rush will probably be the suppliers who support the intrepid ore-hunters.

Gold Hits Record of $1,308.90 After Price Drop

Gold prices reached a record $1,308.90 an ounce Tuesday after earlier price declines and continued low interest rates spurred investors to buy bullion. Gold, which earlier had its biggest intraday decrease in more than two months, reached a record high for the eighth time in two weeks.