By Rujun Shen
Reuters
SINGAPORE (Reuters) - Gold prices hit new record highs on Thursday, fuelled by dollar weakness as hopes of more monetary easing by the U.S. Federal Reserve continued to run high, aided by Singapore's move to let its currency appreciate.
Silver rose to a fresh 30-year top at $24.38 an ounce, and palladium hit $603, its highest in more than nine years, as the sinking dollar unleashed a broad rally in commodities.
The dollar fell to its lowest against a basket of currencies in ten months, after Singapore let its currency appreciate, accentuating the sell-off in the greenback.
"It's the old story -- the talk on the U.S. stimulus package, and too much hot money around.
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