Gold price tops $4,000 for first time as investors seek safe haven
by Joanna Partridge from Economics | The Guardian on (#70K1A)
Precious metal having biggest rally since 1970s amid political uncertainty in US, France and Japan
The price of gold has risen above $4,000 (2,980) per ounce for the first time as investors continue to seek a safe place to put their money at a time of global political and economic uncertainty.
The spot price of gold - the real-time market value of gold and viewed as the global benchmark - had reached $4,031.54 by 8am in London on Wednesday morning, after climbing 1.2% during early trading.
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