TG:Gold at record on U.S. debt warning, easing talk
Gold price (GC-FT1,585.20-0.30-0.02%) hit record highs for a second day on Thursday after hints of further policy easing from the Federal Reserve and a Moody’s warning the United States may lose its top-notch credit rating hurt the dollar and sparked buying of safe-haven assets.
The precious metal was also strengthened by concerns over euro zone debt levels, which have intensified over delays to policy makers’ plans to discuss the crisis and after Greece’s credit rating was downgraded by Fitch late on Wednesday.
