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    gold investing

    Gold Enjoys Small Rally

    Investing News Network
    Mar. 15, 2012 12:15PM PST
    Precious Metals

    Reuters reported that gold prices rose by 1% but the outlook for the metal remained gloomy.

    Reuters reported that gold prices rose by 1% but the outlook for the metal remained gloomy.

    As quoted in the market news:

    Spot gold rose 1.2 percent to $1,661.70 an ounce by 1:55 p.m. EDT (1755 GMT). It is still heading for a loss of about 3 percent for the week, its second biggest weekly loss for the year and a third consecutive weekly drop.

    Click here to read the full Reuters report.

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