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Gold Rallies to Record as Economic Concerns Spur Investor Demand for Haven
Aug. 03, 2011 04:27PM PST
Precious MetalsBloomberg reported that signs of a weakening US economy pushed gold to another record today.
Bloomberg reported that signs of a weakening US economy pushed gold to another record today.
The market news is quoted as saying:
Gold futures for December delivery rose $21.80, or 1.3 percent, to settle at $1,666.30 at 1:42 p.m. on the Comex in New York.