Soaring gold continues to shine
Gold and other precious metal prices have hit fresh highs as investors try to protect themselves against inflation and currency declines.
A number of other factors, such as demand from jewellery makers, are also contributing to create what some investors are calling a commodity boom.
Gold rose as far as $508.50 an ounce, its best since 1983, before giving up some gains to trade at $506.66.
Platinum prices are near 26-year highs, while silver set an 18-year best.
Commodity prices do not seem to be running out of steam and analysts are predicting more gains in coming months.
Source: BBC.
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