Gold Rise to Record $1047 an ounce today

Oct. 7 (Bloomberg) -- Golds rally to a record shows commodity investors remain concerned that the U.S. economic recovery will spur inflation even as Wall Street forecasts and government bonds suggest stable prices. Bullion has jumped 19 percent this year, and futures touched a record $1,045 an ounce yesterday. Bloomberg's Monica Bertran reports. (Source: Bloomberg)

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