The price of gold has hit a record high — due largely, analysts say, to the turmoil across much of the globe.
Gold sold for nearly $1,448 an ounce on Thursday, pushing past the previous record set earlier this month.
Gold is often viewed as a safe haven during times of crisis. Analysts say many investors are uneasy about the value of other securities — especially with political uprisings in the Middle East, worries about European debt and concerns about the economic aftershocks of Japan’s earthquake and tsunami.
Also at a record high is the price of another precious metal — silver. It reached a 31-year high of more than $38 an ounce Thursday.
