Gold strikes record on Libya chaos; New York oil tops $104

Gold strikes record on Libya chaos; New York oil tops $104

Gold glistened this week, striking a record peak as investors hunted for a safe-haven amid violent unrest in Libya that has sparked fears about spreading instability in the Middle East and North Africa.

Gold, tin prices hit record highs

LONDON, October 8, 2010 (AFP) - Gold and tin hit record highs this week as the dollar slid on worries over the US economic recovery, with the weaker currency boosting demand, analysts said.