Gold prices zoomed to a fresh record Monday, as a weakening dollar injected new momentum into a rally driven by uncertainty about the world economy. Futures contracts for delivering gold in August shot up 2.1% to $1,937.60 a troy ounce, topping the previous intraday peak of $1,923.70 from September 2011. Gold futures reached an all-time closing high Friday, but remained short of the intraday record. Monday’s...

Source: Wall Street Journal July 27, 2020 10:39 UTC