Gold may have topped $1,400/oz., but the price remains about 40% below its record high when...

|By:, SA News Editor

Gold may have topped $1,400/oz., but the price remains about 40% below its record high when adjusted for inflation, David Leonhardt points out. The actual record was set 30 years ago, when the price of gold, in today’s dollars, hit $2,318 - 65% higher than now. Besides, some say we should be pricing dollars in gold, not the other way around.