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Gold up 1.3 percent, hits new record on market jitters

• Reuters

Gold rose more than 1 percent on Friday, setting a record high for a second straight day and posting its biggest one-week gain in 2-1/2 years on worries about stalled U.S. growth and Europe's debt crisis.

After rallying around 3 percent to a record $1,877 an ounce 


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Comment by Powell Gammill
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http://www.reuters.com/article/2011/08/19/businesspro-us-markets-grains-idUSTRE77I6G120110819


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