Tuesday, 5 April 2011
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Gold price hits record high above $1,450 an ounce
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
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