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Monday, December 7 - 2009

Gold moves up $1,000

  • United Arab Emirates: Saturday, March 15 - 2008 at 09:47

Gold has moved further up, reaching above $1,000 per ouncem while the euro hit fresh highs against the dollar yesterday, reported news agencies. Analysts say gold got support from sliding dollar and soaring oil prices as the precious metal is regarded as a safe store of value in times of economic uncertainty and rising inflation.

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