best place to sell gold

Gold had another record-setting day on Wednesday, climbing higher even as the dollar rose slightly.

European stock markets took a breather Wednesday following big gains the previous day as investors awaited key economic news out of the U.S. Meanwhile, gold struck another new record high as the dollar remained weak.

Dec 2 (Reuters) – U.S. spot gold hit a new record above $1,203 per ounce on Wednesday, marking an all-time high for the second straight day as weakness in the dollar spurs buying of the precious metal as an alternative investment. [ID:nTKU105719 ]

Gold hit record highs at $1,198.70 an ounce in Europe on Tuesday as the dollar weakened against a basket of currencies after policy comments from the Bank of Japan, adding to strong investment demand for the metal.