Gold hit record highs on Wednesday as the US dollar extended losses to a 14-month low against a basket of currencies on growing optimism about the global economy. Spot gold rose as high as $1,069.45 per ounce. Gold has rallied about 13 percent since the start of September and has gained 22 percent this year.
Most-active December gold futures rose to a high of $1,071.10 as of 0320 GMT. They stood at $1,065.0 on the COMEX division of the New York Mercantile Exchange. Previous highs were touched only a day before.