Gold prices hit all time high on euro zone crisis

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Gold prices touched fresh high of Rs 29,091 per 10 grams today, as concerns about slowing economic growth and Europe's debt crisis spurred demand for the precious metal as a safe haven investment.

Market analysts attributed the skyrocketing gold futures prices, which hit an all-time high, to a firming trend overseas as renewed fears over the euro zone debt crisis and concerns about stalled global growth boosted the attractiveness of the precious metal in investors' eyes.  

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