Gold rises above $1,600/oz as debt fears simmer
LONDON (Reuters) - Gold prices rallied to record highs above $1,600 an ounce in Europe on Monday as investors spooked by the euro zone debt crisis and the threat of a U.S. default bought into the metal as a haven from risk.
Jan Harvey
LONDON
Mon Jul 18, 2011 10:30am EDT
link-
http://www.reuters.com/article/2011/07/18/us-markets-precious-idUSTRE7592IU20110718