BLBG: Gold Climbs to Record as Investors Fret Over Rising Inflation
Gold advanced to record as investors seek the metal as a hedge against inflation. Gold for immediate delivery gained 0.1 percent to $1,488.35 an ounce, while bullion futures for June delivery rose 0.2 percent to $1,489.40 an ounce.
To contact the editor responsible for this story: Kyoungwha Kim at kkim19@bloomberg.net
