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Gold Surges to Record on European, U.S. Debt Concerns
Apr. 15, 2011 04:56PM PST
Precious Metals Investing
Bloomberg reported that gold reached another all-time high on concerns over European and US debt.
Bloomberg reported that gold reached another all-time high on concerns over European and US debt.
The market news is quoted as saying:
Gold reached an all-time high of $1,489.10 an ounce after Moody’s cut Ireland’s credit rating by two levels to the lowest investment grade, eroding the value of the euro.
