TOKYO -- Gold futures crossed the $2,700 per troy ounce mark for the first time Thursday, riding a rally driven by geopolitical and economic concerns that has spurred investors to snap up an asset that has outperformed stocks this year.
Commodities
Gold hits record high as U.S. interest rates slide
Retail and institutional investors buy amid geopolitical and economic concerns
Gold has risen about 30% this year, exceeding the approximately 20% rise in the S&P 500 in the U.S. (Photo by Sae Kamae)
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