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Originally published Tuesday, May 11, 2010 at 12:39 PM

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Summary Box: Gold again rises, approaches record

GOLD SAFETY: Gold surged as investors had second thoughts about whether a nearly $1 trillion bailout package will help protect the euro and boost the continent's economy.

The Associated Press

GOLD SAFETY: Gold surged as investors had second thoughts about whether a nearly $1 trillion bailout package will help protect the euro and boost the continent's economy.

NEAR RECORD: Gold traded as high as $1,225.20 an ounce Tuesday. That is just $2.30 below its all-time record set in December.

OTHER METALS FOLLOW: Silver, platinum and palladium also all rose as investors sought out alternatives to holding euros or other currencies.

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