2
March
Gold hits record, oil jumps with Libya unrest
2 March 2011 Reuters
Gold rose to an all-time high
on Tuesday as investors fled risky assets amid escalating
violence in Libya, and oil prices jumped to their highest in 2
1/2 years.
Oil's surge, which fanned worries about a dampening effect
on the economic recovery, pushed investors out of stocks. U.S.
Treasuries, also a safe-haven asset, rose.
http://www.reuters.com/article/2011/03/01/markets-global-idUSN0115419520110301
