The previous record price for an ounce of gold was achieved almost a month ago, but there is renewed interest in the yellow metal as a hedge against depreciating global currencies.

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In November, Johnson Matthey said in its widely followed Platinum Interim Review that the white metal swung to a supply deficit of 400, 000 ounces in 2012, versus a 430, 000 ounce surplus in 2011.

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