Spot gold was up 2.1 percent at $1,862.26 an ounce at 0918 GMT, having peaked at $1,867.30 an ounce. It is on track for its biggest one-month rise in nearly 12 years in August and is up 31 percent so far this year.
Gold's surge was broad-based, with the precious metal hitting record highs in dollars, sterling, euros, yen and, for the first time since mid-2010, Swiss francs.
More: http://www.reuters.com/article/2011/08/19/us-markets-precious-idUSTRE7781Q420110819