Gold Advances to Record, Silver Tops $41 Per Ounce on Inflation Concerns

Gold climbed to a record and silver topped $41 an ounce, gaining for a ninth straight day in the best run since March 2008, as investors sought precious metals as hedges against accelerating inflation. Immediate-delivery bullion gained as much as 0.2 percent to $1,478.18 an ounce and traded at $1,473.72 at 3:18 p.m. in Singapore. Gold for June in New York climbed as much as 0.3 percent to $1,478

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