Gold Futures Surge to Record on Libya, Japan, Europe Turmoil

Bloomberg reported that gold futures are up on increased demand for the metal as an investment haven.

The market news is quoted as saying:

Gold futures for April delivery rose $8.40, or 0.6 percent, to $1,456.40 at 11 a.m. on the Comex in New York. The previous all-time high was $1,445.70 on March 7.

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