Gold Rallies to Record High as UK Faces Massive Fiscal Challenge
BonTradeGold surges to a new record high in USD-terms amid fresh concerns over debt-ridden countries. Comex gold futures rise to as high as 1254.5 as Fitch Ratings' warned that the UK's deficit challenge is 'formidable'. The pound slides and European equities lose grounds. Crude oil prices also reverse earlier gains.
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Gold Rallies to Record High as UK Faces Massive Fiscal Challenge
