Gold hits 2010 high in dlr, record peak in Swiss francs

Mumbai, April 30: Gold prices hit 2010 highs in Europe on Friday as investors turned to the metal as a haven from sovereign risk in the euro zone, with a recovery in the euro and other commodities like oil adding to buying momentum.

Spot gold hit a high of $1,176.40 an ounce and was bid at $1,175.35 an ounce at 0910 GMT, against $1,166.10 late in New York on Thursday.

Gold priced in Swiss francs also rose to a record 1,281.19 francs an ounce.

—-Agencies