Big ASX news: Gold tops US$3,100 an ounce

You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More It’s been a dramatic day on the market from a number of angles. For one, the S&P/ASX 200 Index (ASX: XJO) has taken a sharp turn downwards, currently nursing a chunky 1.6% loss at around 7,850 points. But for another, the price of gold has just hit yet another new record high. Yep, this afternoon, the precious metal’s spot…