Gold Hits Record Highs in Euro, Sterling Terms


"Gold rallied to record highs on Friday. . .as a haven from risk."

Gold rallied to record highs on Friday in both sterling and euro terms as volatility in the equity and currency markets prompted buying of gold as a haven from risk.

Gold priced in euros rose to a record high of 685.70 an ounce, up from a previous high of 685.37 reached in October. Sterling-priced gold climbed to an all-time high of 648.51.

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