Financial Times FT.com

Gold breaks through $700 barrier

By Kevin Morrison

Published: May 9 2006 19:37 | Last updated: May 9 2006 19:37

Gold on Tuesday broke through the $700 a troy ounce level for the first time in 25 years.

The new high of $700.30 comes less than a month after bullion moved past $600 for the first time since 1981.

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