Gold Climbs to Record on Concern Global Inflation Accelerating

18 April 2011  Bloomberg.com

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Gold was little changed after reaching a record in London and New York as concern about European debt and faster inflation boosted demand for the metal as an alternative investment. Silver touched a 31-year high.

http://www.bloomberg.com/news/2011-04-18/snickers-to-noodles-surge-drives-cooking-oil-supplies-to-three-decade-low.html