Gold price set for biggest weekly jump in 20 months on haven demand
The precious metal has surged around 30% so far this year, supported by healthy central bank buying.
LONDON Gold prices rallied to record highs above $1 600 an ounce in Europe on Monday as investors spooked by the euro zone debt crisis and the threat of a US default bought into the metal as a haven from risk. Spot gold rose as high as $1 601.80 an ounce
