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Re: Bull Trader post# 7276

Friday, 01/23/2009 8:42:17 AM

Friday, January 23, 2009 8:42:17 AM

Post# of 14062
Gold hits record highs in euro, sterling terms
Fri Jan 23, 2009 5:43am EST
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LONDON, Jan 23 (Reuters) - Gold rallied to record highs on Friday in both sterling and euro terms as volatility in the equity and currency markets prompted buying of gold as a haven from risk.

Gold priced in euros <XAUEUR=R> rose to a record high of 685.70 an ounce, up from a previous high of 685.37 reached in October. Sterling-priced gold <XAUGBP=R> climbed to an all-time high of 648.51. (Reporting by Jan Harvey; Editing by Peter Blackburn

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