Gold hits record high on debt default fears
SINGAPORE |
SINGAPORE (Reuters) - Gold touched a record high on Monday, reflecting persistent worries about the euro zone debt crisis spreading and a growing threat of a U.S. government default.
Spot gold rose to an all-time peak of $1,598.41 and U.S. gold also hit a record high of $1,599.20.
(Reporting by Manolo Serapio Jr.)
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