Gold Rises to Record $1,456.40 on Ounce on ‘Chaos’ Hedge

Bloomberg reported that gold futures rose as demand for the metal as an investment haven remains strong.

The market news is quoted as saying:

Gold futures for June delivery rose $19.50, or 1.4 percent, to settle at $1,452.50 at 1:43 p.m. on the Comex in New York, the highest closing price ever.

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