Gold hits record highs
Gold rose nearly 1 per cent towards $1,185 an ounce in Europe on Thursday and hit record highs in euros, sterling and Swiss francs as investors worried Greece's debt problems could spread elsewhere in the euro zone.
``Silver Prices generally outperform gold in a bull run,'' said Rhona O'Connell, managing director of GFMS Analytics in London, speaking to the Platts metals-information service on Wednesday.