- Gold, little changed, traded near a record on demand for a haven against turmoil in the global economy and financial markets.
- Immediate-delivery gold climbed as much as 0.2 percent to $1,270.60 an ounce before trading at $1,269.80 at 11:53 a.m. Melbourne time. The metal reached a record $1,274.95 yesterday.
- The Federal Reserve and the European Central Bank have kept benchmark lending rates at the lowest level ever to revive economic growth.
- The U.S. currency was little changed against a basket of six major counterparts including the euro, after yesterday dropping as much as 1.1 percent. Bullion often moves counter to the dollar.
- Gold for December delivery was little changed at $1,270 an ounce on the Comex in New York after touching a record $1,276.50 yesterday.
Sangeeth C cherian
