Buyers, sellers come out as gold price surges

Louis Chorney knows gold is hot these days by the increased number of customers streaming into his Tremont Street store... “Business is definitely busier,” said Chorney, owner of Colonial Trading Co., which buys and sells precious metal products.

Colonial Trading could get even busier in coming weeks and months if current gold-price trends hold... The price of gold yesterday hit an all-time high of $1,049 an ounce, capping a remarkable recovery in prices since this time last year, when gold sank to $700 an ounce amid concerns of a worldwide financial meltdown...

Boston Herald: Buyers, sellers come out as gold price surges