The price of gold surged to an all-time high of $1,136.72 per ounce today, as a weak dollar boosted demand for the precious metal.
The weak greenback lifts gold because it makes dollar-priced assets cheaper for buyers using stronger currencies, which stimulates demand.
Gold also won support from stronger-than-expected growth data in Japan, which is the world's second biggest economy after the US.
Japan's economy grew at its strongest pace in more than two years in the latest quarter, smashing market forecasts and extending a recovery from the worst downturn in decades, official data showed today.
The nation's economy posted a second straight quarter of positive growth as it emerges from a severe year-long recession on the back of rebounding exports and the government's massive stimulus spending.
