2
September
Gold Advances Toward Record Amid `Brisk' Demand for Exchange-Traded Funds
2 September 2010 Bloomberg.com
Gold advanced toward a record on signs of increased demand from investors seeking to protect their wealth.
Immediate-delivery gold climbed as much as 0.2 percent to $1,247.25 an ounce, and traded at $1,246.75 at 11:43 a.m. in Tokyo. The price touched $1,254.73 yesterday, the highest level since June 28 and within 1 percent of the all-time high.
