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Gold passes USD416 an ounce
- Wednesday, December 31 - 2003 at 08:51
The gold price reached an eight-year high of USD416 in morning trading on Tuesday. However, some analysts expect a correction in the gold price soon, before it resumes its upward march. Gold has gained 19 per cent in the past year in US dollar terms but much less versus the euro.
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Peter J. CooperWednesday, December 31 - 2003 at 08:51 UAE local time (GMT+4)
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