Friday, December 12, 2008

Gold price hits record high for British investors

The plunging value of the pound has seen the sterling price of gold climb by more than 33pc over the past year to a record £552 an ounce. Last month the World Gold Council said demand for gold had reached an all-time quarterly record of $32bn between July and September as investors around the world sought refuge from the financial meltdown.

read more | digg story

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