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This is an archive article published on December 28, 2007

Gold hits 1-month high

Gold futures hit a new one-month peak on Thursday as the falling dollar...

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Gold futures hit a new one-month peak on Thursday as the falling dollar and assassination of Benazir Bhutto drove investors towards safe-haven assets. Most-active gold futures for February GCG8 were up 1.90 to 831.40 an ounce on the COMEX. Gold prices usually rise in the face of political troubles, inflation and uncertainties

 

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