Gold soars to record high amid market uncertainty
After the massive crash of U.S. stocks on Monday, gold is trading higher than ever, finishing at $1,782.50. The Dow Jones made a slight recovery after falling 634.76 points on Monday, but investors have been flocking to gold as a safer alternative.
Even though gold already climbed to unprecedented highs after the economic crash in 2008, it seems to be increasingly in demand amid uncertainty in the U.S. market and a troubled outlook for the Euro caused by Greek debt.
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