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Gold price storms to $617
- Saudi Arabia: Tuesday, April 18 - 2006 at 07:42
The price of gold stormed to a fresh 25-year high of $617 overnight reflecting the heightening of tensions over Iraq's nuclear ambitions and the implications for inflation of China's 10.2% Q1 growth performance. Hedge fund and short term investors switched to gold, reported Reuters.
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Peter J. CooperTuesday, April 18 - 2006 at 07:42 UAE local time (GMT+4)
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