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Ounce of gold climbs past $1,000

Price jump an indication of distrust in weakening dollar

Posted: September 9, 2009 at 4:48 a.m.

Steve Combs, owner of Little Rock's AAA Home Center, says the success of the rebate program rests "on how they put it together."

The price of gold rose above $1,000 per ounce on Tuesday to its highest since March 2008 - suggesting investors are wary of the U.S. dollar's weakness and expect international interest rates to remain low for some time.

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Business, Pages 21, 26 on 09/09/2009

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