Gold prices touched record on Tuesday above $ 1,250 an ounce in Europe and reached historic highs against several currencies, driven by purchases of investors away from risk and sought refuge in the metal by the volatility of other markets.
Contao Spot gold hit a high of $ 1,251.05 an ounce, compared to paid $ 1,247.95 an ounce on Monday in New York. Gold futures for August reached a maximum of $ 1,254.50. The precious metal also hit record highs in prices denominated in euros, pounds sterling and Swiss francs.
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