Gold strikes record on inflation
On Monday, Gold did not rebound in the dollar. Economists are anxious over a record on safe-haven buying, driven by rising worries about inflation and a plunge in U.S.stocks.
The news release is quoted as saying:
Gold has notched up successive record highs this month, underpinned by a number of central bank gold purchases, including India’s acquisition of 200 tonnes of the precious metal from the International Monetary Fund.