London - Gold hit record highs on Tuesday, as investors ditched stocks and currencies for safe-haven assets on concern over the hit to the global economy from Europe's debt crisis and turbulence in US markets after a downgrade of US sovereign bonds.
Gold in dollars rose to a record $1 778.30 an ounce and was set for its biggest three-day rally since late 2008, when the global financial crisis was at its worst.
Gold in dollars rose to a record $1 778.30 an ounce and was set for its biggest three-day rally since late 2008, when the global financial crisis was at its worst.