NovaGold (EGO), Gammon Gold (GRS), Brigus (BRD) Skyrocket on Record Gold Prices

Shares of NovaGold (AMEX:EGO), Gammon Gold (NYSE:GRS), Brigus (AMEX:BRD) all shot up Tuesday as gold prices surged to record highs.

Gold ultimately settled at an all-time high of $1,431.20 an ounce, and jumping even more after the settlement on Tuesday. Spot gold was at $1,433.20, gaining $22 an ounce after hours.

Investors are again migrating to gold and gold miners, as safety is again on their radar, with ongoing uncertainty surrounding the Middle East weighs on the market.

Add to that the clueless Ben Bernanke saying he's not concerned about inflation, and it creates a strong environment for investing in gold.

Gammon Gold closed Tuesday at $9.16, up $0.30, or 3.39 percent. Novagold closed at $14.35, gaining $0.66, or 4.82 percent. Brigus surged to close at $1.85, rising $0.24, or 14.91 percent.