LONDON — Gold hit a record high near $1,900 an ounce in Monday trade as lingering fears of a fresh global recession caused dealers to snap up the precious metal regarded as a safe-haven investment.
Gold forged a record high above $1,625 per ounce here on Wednesday, as investors parked their cash in the precious metal in the face of heightened concerns over a potential US default.
LONDON (AFP) – The euro slumped against the dollar Monday as shock political gains for Finland's main nationalist party stoked concerns over the eurozone debt crisis, analysts said.
