May 12 (Bloomberg) -- Bloomberg's Paul Gordon and Susan Li report on increased demand for gold. Gold traded near a record in Asia after surging to an all-time high yesterday on investor concern international financial support for indebted European states will depress currencies. Bullion for immediate delivery traded down 0.1 percent at $1,231.50 an ounce at 8:07 a.m. in Sydney after yesterday reaching a record $1,234.50. (Source: Bloomberg)
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