8
September
Gold `Within a Stone's Throw' of Record as Equities Slump, Euro Declines
8 September 2010 Bloomberg.com
Gold traded near a record as a drop in equities increased the appeal of the precious metal as an alternative investment. Silver gained to near the highest level since March 2008.
Immediate-delivery bullion gained as much as 0.3 percent to $1,259.45 an ounce and was at $1,259.40 by 2:54 p.m. in Tokyo. The price touched $1,259.80 yesterday, close to a record $1,265.30 reached June 21.
