Gold prices hit record on safe-haven buying
Gold bars are pictured at the Ginza Tanaka store in Tokyo October 23, 2009.
Credit: Reuters/Issei Kato
TOKYO |
TOKYO (Reuters) - Gold prices rose to record highs on Thursday as worries about the economic recovery encouraged buying of the metal as a safe haven investment.
Spot gold rose to a record of $1,218.90 per ounce at 2316 GMT, while U.S. February gold futures touched an all-time high of $1,221.00. (Reporting by Miho Yoshikawa)
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