Scientific Dictatorship

LONDON – The price of gold hit a record high above $1,450 an ounce in trading here Tuesday as the 'safe haven' metal won support from geopolitical unrest and surging global inflation, traders said.

Gold reached $1,450.65 an ounce at 1515 GMT on the London Bullion Market, beating the previous record of $1,447.82 set on March 24.

It stood at $1,448.65 an ounce at about 1630 GMT, while sister metal silver struck a 31-year peak of $39.09 an ounce in the wake of gold's rally...[Full Article]

Labels: gold, silver

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