Gold Advances to Record on Debt Crisis

Precious Metals

Bloomberg reported that gold prices hit a record high over European debt worries.

Bloomberg reported that gold prices hit a record high over European debt worries.

The market news is quoted as saying:

Gold futures for August delivery climbed $23.20, or 1.5 percent, to settle at $1,585.50 at 1:42 p.m. on the Comex in New York, the seventh straight gain.

To read the full market news, click here.

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