New gold rush grips US as gold jumps toward record highs
The United States sees a surge in gold buying with New York and Cleveland shops reporting heavy customer traffic. Gold prices surge from about 740 dollars in 2007 to around 1795 dollars an ounce in March 2009, with the S&P 500 index down 23 percent from its 2007 peak, spurring investors to seek safe havens and quick gains.
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