Gold's rally to record highs in euro and sterling terms and the resilience ofspot prices in the face of a rising dollar is sign-posting the metal's broadening insurance appeal, as sovereign debt fears shift to the fore.
Absolutely nothing new here. Jim, Dan, and I, as well as others have recognized rising global gold prices for years. What's interesting is that Reuters, a conduit, is recognizing it. Always watch for subtle changes.
Source: reuters.com
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