Gold price returns to fresh high

The price of gold has hit a fresh all-time high of $1,048.40 an ounce after a continued decline in the dollar kept it attractive to investors.
It came a day after having pushed past the previous record of $1,033.9, which was set in March last year.
Analysts said that there was still potential for prices to rise further if the dollar remained weak.
However, there was caution that it may represent a price bubble rather than a sustainably higher gold price.