| Gold prices struck record highs on Friday, as skittish investors rushed for the safety of the bullion amid fears of a worsening U.S. economy and lingering euro zone debt crisis sent.
Spot gold XAU= struck a record of $1,836.46 an ounce, and was trading up 0.7 percent at $1,836.20 by 0100 GMT. It was headed for a 5-percent weekly rise. U.S. gold GCcv1 also climbed to an all-time high at $1,839.8, before trading up about a percent at $1,839.5..............................................Full Article: Source |