The flight from shares brings a flight to safety as spot gold passes $1,700/oz for the first...

|By:, SA News Editor

The flight from shares brings a flight to safety as spot gold passes $1,700/oz for the first time and hits $1,714, its 11th record in 19 sessions. The Swiss franc is +1.3% vs. the dollar and +0.6% vs. the euro; the yen is +0.7% vs the dollar, although flat against the euro.