Devoted to Managers and those that seek to improve their management skills

For the first time in history, gold futures surged to over $1,000 an ounce, breaking the record at $1,001.50 on Thursday.

As mentioned at Commodity Surge, "with the dollar continuing to weaken, and signs that the Fed may cut interests rates by another 0.75 percentage points next Tuesday, we'll probably see this trend for some time to come."

Spot gold also increased to $994.30/995.10 an ounce from $991.00/991.80 late in New York.

With investors seeking safety in other commodities like oil, and driving the upward move in prices, more than supply and demand, it's a difficult trend to measure, and has to be watched carefully by all business leaders as to how it could impact sales and costs. It's becoming a bigger factor daily.

8-Hour  for Spot Gold