Gold Is Booming Right Now

Gold is having a killer day right now, currently up $30 (2.75%) to $1120 an ounce. The weak dollar is providing much of the support.

All commodities are generally having a great day. Silver is up 4.4% to $16.13 an ounce, up $0.68.

Futures of platinum, copper, and palladium are all up significantly as well.


Photo: kitco

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at