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TOCOM gold futures at record high, track global prices

Published 08/18/2011, 09:00 PM
Updated 08/18/2011, 09:04 PM
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TOKYO, Aug 19 (Reuters) - The most active gold contract on the Tokyo Commodity Exchange, for June 2012 delivery, hit a record high at 4,541 yen a gram as of 0053 GMT on Friday, on the back of surging global gold prices and lingering worries about the state of the global economy and financial system.

The most-active U.S. gold futures contract hit a record of $1,837.20 an ounce on Friday on fears of a U.S. recession and the lingering euro zone debt crisis, while spot gold also surged to a record high of $1,833.81 an ounce. (Reporting by Chikako Mogi; Editing by Edmund Klamann)

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