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Gold goes higher
- Middle East: Saturday, March 01 - 2008 at 09:57
Gold went up above $975 on Friday, as speculative buying on the back of record high oil and a lifetime low dollar against the euro continue, reported Reuters. Gold set a record for the third straight day, and has risen 16% this year on the top of a 32% rise in 2007. Meanwhile, silver went near $20 an ounce, jumping to a 27-year peak.
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Medilyn Manibo, Assistant News EditorSaturday, March 01 - 2008 at 09:57 UAE local time (GMT+4)
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